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flag New Jersey offers electricity bill credits up to $250 per household to relieve rate hikes.

flag New Jersey Governor Phil Murphy announced a $430 million relief program, offering $100 to $250 credits on electricity bills to all 3.9 million ratepayers, with low-to-moderate-income customers receiving more. flag This follows a 17% to 20% increase in electricity rates due to high auction prices set by the regional grid operator PJM Interconnection. flag Funding comes from the state's Clean Energy Fund, Regional Greenhouse Gas Initiative proceeds, and the Solar Alternative Compliance Payment account.

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