How New Jersey Is Trying to Rein in Data Centers and Lower Electric Bills

Sherrill signs bills she says will save NJ electric ratepayers $1B

How New Jersey is trying to rein in data centers and lower electric bills

New Jersey Gov. Mikie Sherrill signed a suite of new laws on Tuesday aimed at lowering electric utility bills and ensuring data center developers pay for power grid upgrades.  Electricity bills are rising nationwide, and the Garden State has been no exception. The governor’s office cited an environmental consulting firm's report stating that the three new laws and other actions by Sherrill’s administration will save New Jersey ratepayers $1 bill…

Electricity bill credits, more ratepayer savings on way, Sherrill says

Governor signs bills that boosters say will shift costs to utilities and add power to grid under pressure from data centers The post Electricity bill credits, more ratepayer savings on way, Sherrill says appeared first on NJ Spotlight News.

AFP Applauds Gov. Sherrill for Signing Data Center Bill, Choosing Prosperity Over Moratorium

Trenton, NJ — Today, Americans for Prosperity (AFP) applauds Governor Mikie Sherrill for signing S731, the Data Center Fair Share Act, which will create a new ratepayer class and rate structure for data centers to ensure they pay for their own energy. AFP Northeast Region Director Ross Connolly said:  “AFP has been steadfast that data centers must pay their own way to ensure costs are not shifted onto New Jersey families’ utility bills. Governor…

Sherrill signs three bills to lower NJ electricity costs

Gov. Mikie Sherrill signed legislation creating a new rate setting process for data centers, boosting state oversight of some transmission projects, and lowering utilities' profit margins.(Photo by Anne-Marie Caruso/New Jersey Monitor)Gov. Mikie Sherrill signed a trio of bills meant to lower electricity prices and blunt the impact data centers have on them Tuesday. The bills would create a separate rate-setting process specific to data centers, …

Sherrill signs bills cracking down on utilities and data centers in effort to lower electricity costs

Gov. Mikie Sherrill signed three bills Tuesday cracking down on data centers and utility companies in an effort to bring down soaring electricity costs.