Gov. Phil Murphy Announces $430M Relief for Soaring NJ Energy Bills

NJ Gov. Phil Murphy announced a plan in which NJ would provide $430 million with “direct economic relief” to New Jersey energy customers as New Jersey homes are facing electric bills that are up to 20% higher than they were one year ago. 3.9 million ratepayers in New Jersey will receive at least $100 in direct relief, while eligible low-to-moderate income (LMI) New Jerseyans will see at least $150 more deducted from their energy bills.