N.J. will give residents at least $100 credit to help pay for soaring electric bill bills, Murphy says

Wick

Explorer
Mar 6, 2016
472
364
Forked River
Ridiculous!!! Why don't they work on fixing the issues instead of just throwing money at it? A onetime rebate will not help people in the long run.
 
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Boyd

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Jul 31, 2004
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Ben's Branch, Stephen Creek

Boyd

Administrator
Staff member
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Jul 31, 2004
10,355
3,347
Ben's Branch, Stephen Creek
From the quick search I did, the rates will still increase as already planned but the utilities will spread the additional cost across multiple billing periods in the fall. Or something like that...

Since I just happened to be paying bills and balancing accounts right now, I had a quick look at my own electric bills from last summer. During Jun-Jul-Aug-Sep of 2024, I paid AC Electric $946. If we're looking at a 20% rate increase (as suggested in one article I read) that would cost $189 more this summer. So, a $100 rebate would cover over half of the increase. Better than nothing, IMO.

I don't follow NJ politics very closely and don't have much of an opinion on Murphy one way or the other. If somebody else has a better plan to control utility costs, so much the better (if it's credible).
 

Gibby

Piney
Apr 4, 2011
1,669
492
Trenton
A hundred dollars of our own federal tax money is given back to us? Great. This expense will only get worse. I won't point any fingers at either party because they all are failing as wanting to fix any problems. Six major power plants have closed in New Jersey since 2017. In the same time period, approximately eighty thousand homes have been built or more? New Jersey uses more power than it makes. That is the problem. We have to buy power from other companies along the seaboard setting us up for greater expenses. I think I may have over simplified the problem? I don't know. It just seems everything is expensive anymore.
 
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rc911

Explorer
Apr 23, 2015
109
96
Cream Ridge, NJ
It is my understanding that all utility rate increases have to be approved by the commissioners of the NJ Board of Public Utilities. Those commissioners are generally appointed by the Governor and are, therefore, in line with the political and philosophical ideologies as the appointing Governor. As much as the Public Utilities celebrate the increase, the Board could have rejected such a prohibitively large (20%) increase.
 
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Boyd

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Just got this e-mail from Atlantic City Electric - first time I've gotten one of these since they installed a "smart meter". One thing has surprised me in all the energy usage comparisons they have sent in the past (like "you used 3% more electricity than similar homes") is that they never allow for private water systems. Seems to me, the well pump must be a significant percentage of my electric use, it takes work to pump water up from 300 feet.

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Boyd

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No, that is just the top three categories shown: $68+$45+$31 = $144. You also have to add the other three items ($11+$25+$120 = $156) to get a total of $144 + $156 = $300. My actual bill was $299.62 for the period ending August 7. I have electric everything, no gas, propane or oil. Have used wood as a primary heat source for almost 20 years here, but last year got lazy and mainly used electric. The woodstove is a lot of work and makes a big mess, starting to get tired of that, especially when the winters have been mild recently.
 

Teegate

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Sep 17, 2002
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Ok.

We have 4 people living here and our PSE&G budget is $181 a month. Our most recent “actual” use was $25 for gas with a total of $171 for the month for gas and electric. We also have a water bill that averages around $130 a month. The most recent water bill was $100 and we attribute that to the girls and I being away for a week and my wife not being here for two days.
 
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bobpbx

Piney
Staff member
Oct 25, 2002
15,160
5,572
Pines; Bamber area
The woodstove is a lot of work and makes a big mess, starting to get tired of that, especially when the winters have been mild recently.
Amen to that. Do you remember the Kerosene heaters in the houses? I had two of them. They actually were cozy.

When I moved to Bamber in 82', wood burning was the thing. But like you, I got sick of it. Very dirty, sucks the moisture out of the house, smells, etc. I think I quit for good around 1992 or so. I had a nice electric stove in there after awhile. I always consider one of my greatest achievments was taking that buck stove out myself. Used a 2 by 10 to slide it down the deck stairs.

 
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Boyd

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I don't have that kind of disdain for wood heating! Just got tired of the extra effort myself. For many years, I had this romantic concept of cutting my own wood and burning it. Did that for about 10 years, there were plenty of dead and dying oak trees on my land here. Cut them all myself, hauled back to the house in a wheelbarrow, had a small electric and large gas-powered log splitter. That was a lot of work, but pretty satisfying for many years.

After awhile, as I got older, started feeling lucky that I never injured myself in all of that and started buying firewood. Still took a big effort to haul it from where the truck dumped it and stack on the porch. Still have around 1/2 cord stacked there and will probably buy some more soon, it's nice to have for power outages. Stove needs work, I may just replace it at this point. For me, a fake electric fireplace wouldn't do it (although I have seen some pretty convincing ones).
 
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