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Utility Rates on the Rise: How New Jersey Community Associations May Be Affected and How to Prepare Now

/ Owner - September 9, 2024

As energy costs are predicted to dramatically increase and budget season is upon associations with fiscal years based on the calendar year, New Jersey associations that purchase electric service for their residents should prepare for surging utility rates in 2025 and 2026 following PJM Interconnection’s (“PJM”) last capacity auction. PJM, headquartered in Valley Forge, Pennsylvania, is the United States’ largest competitive wholesale electricity market,    Read the article…………………………….

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