New Jersey Assembly Resolution 125 expresses no confidence in the Board of Public Utilities due to rising electricity costs.

New Jersey Assembly Resolution 125 expresses the General Assembly's lack of confidence in the Board of Public Utilities (BPU). The resolution cites concerns over rising electricity costs, with residential prices nearly 20 percent higher than the national average and overall prices over 27 percent higher. The BPU, responsible for regulating energy and ensuring affordable rates, certified a Basic Generation Service auction in February 2025 that will increase average monthly electric bills by 17 to 20 percent in June 2025.

New Jersey Assembly Resolution 125 expresses no confidence in the Board of Public Utilities due to rising electricity costs.

New Jersey Assembly Resolution 125 expresses the General Assembly's lack of confidence in the Board of Public Utilities (BPU). The resolution cites concerns over rising electricity costs, with residential prices nearly 20 percent higher than the national average and overall prices over 27 percent higher. The BPU, responsible for regulating energy and ensuring affordable rates, certified a Basic Generation Service auction in February 2025 that will increase average monthly electric bills by 17 to 20 percent in June 2025.