Official Site of The State of New Jersey

“Affordability is my top priority and I will use every tool at my disposal to drive down costs. I’m pleased that FERC approved the extension of the PJM price collar today, which will help keep electricity costs in check, as it did in the last auction, and provide greater stability for families and businesses. I supported this effort alongside our neighboring states and thank them for their continued partnership.

"We will continue to hold PJM accountable for long-term solutions that put affordability and reliability at the forefront.”