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.
+$22a month, est.
Public Service Electric and Gas, New Jersey
PSE&G Basic Generation Service price decrease, June 2026
On bills now Supply and capacity price before the New Jersey Board of Public Utilities.
-$3a month
on a typical bill, as approved
As published by the utility or the commission.
Fileddate not published
Hearingheld or waived
DecisionFeb 12, 2026
On billsJun 1, 2026
New Jersey's 25th annual Basic Generation Service auction, certified February 12, 2026, brought a small relief for PSE&G default-supply customers: average bills fell about 1.8 percent, or roughly 3.23 dollars a month, starting June 1, 2026, even as wholesale energy and PJM capacity costs rose slightly overall.
What it means for your bill: PSE&G default supply customers got a small decrease in mid-2026, unlike JCP&L customers in the same auction.
- Status
- On bills now
- Utility
- Public Service Electric and Gas
- Commission
- New Jersey Board of Public Utilities
- Approved
- -1.8% residential
- Typical bill change
- -$3.23 a month
- Decided
- February 12, 2026
- On bills from
- June 1, 2026
- 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
- New Jersey electricity rates largely stable after BGS auction, NJBIZ, 2026-02-13
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