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.
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.
As published by the utility or the commission.
What happens next
The new rate took effect June 1, 2026 and is already on your bill. How rate cases work.
What it means for your bill
$
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. The projects themselves: isadatacentercoming.com.
- Last checked
- August 29, 2026
Common questions
How much will my Public Service Electric and Gas bill go up?
Takes about $3 off a month on a typical bill. As published by the utility or the commission.
When would the new rates start?
They already did, on June 1, 2026.
When is the hearing?
No hearing date is on record for this case.
How do I comment?
The comment period closed once this case was decided; its result is above.
Sources
- New Jersey electricity rates largely stable after BGS auction, NJBIZ, 2026-02-13
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Other Public Service Electric and Gas matters
Other pending cases in New Jersey
JCP&L is asking to raise base delivery rates but has proposed offsetting the impact for residential customers until 2028, so this would not show up on typical bills right away even if approved.