PSE&G default supply customers got a small decrease in mid-2026, unlike JCP&L customers in the same auction.
-$3a month
Public Service Electric and Gas, New Jersey
PSE&G Basic Generation Service price jump, June 2025
On bills now Supply and capacity price, docket ER25040190 before the New Jersey Board of Public Utilities.
+$22a month, estimate
on a typical bill, as approved
17.2% of the average New Jersey bill of $128 (EIA, 2024); your own bill scales with your usage. Our arithmetic, not the utility's figure; the methodology page shows how.
Fileddate not published
Hearingheld or waived
DecisionFeb 12, 2025
On billsJun 1, 2025
New Jersey's annual Basic Generation Service auction, which sets default electricity supply prices, produced sharply higher winning bids driven largely by the July 2024 PJM capacity auction. PSE&G customers who did not shop for a different supplier saw their bills rise by an estimated 17.24 percent on average starting June 1, 2025, the biggest jump in years.
What it means for your bill: If you buy default electric supply through PSE&G rather than a third-party supplier, this auction result is why your total bill jumped in mid-2025; it is a supply cost, not a PSE&G delivery rate increase.
- Status
- On bills now
- Utility
- Public Service Electric and Gas
- Commission
- New Jersey Board of Public Utilities
- Docket
- ER25040190
- Approved
- 17.2% residential
- Decided
- February 12, 2025
- On bills from
- June 1, 2025
- Data center linked
- Yes. The filing ties part of the cost or the tariff design to data center load.
- Last checked
- August 29, 2026
Sources
- NJ's Annual Electricity Supply Auction Results in Higher Rates, New Jersey Business Magazine, 2025-02-14
- On June 1, electricity bills for most New Jersey residents will go up, WHYY, 2025-05-20
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