NJ Gov. Sherrill Signs Energy Bills, Cuts Universal Electric Credit to $25 as GOP Questions ‘Relief’ Plan

TRENTON, N.J. – Governor Mikie Sherrill signed three energy bills Tuesday that her administration says will lower electricity costs through increased utility oversight and new requirements for large data centers, while announcing a $25 electric bill credit for all residential customers. While residents are waiting for real relief, the only thing real about this announcement is a 75% cut to the annual ratepayer credit. The announcement came just days after severe storms over the July Fourth weekend left roughly 200,000 New Jersey customers without power at the peak of the outages, with thousands still awaiting restoration in some areas. It…

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