Office Of The Governor Press Releases

Leo Migdal

-Dec 3, 2025, 6:47 AM

This page will redirect you to the current Press Release Archive automatically. If it does not please visit : https://nj.gov/governor/news/news/562019/approved/news_archive.shtml // <![CDATA[ location.replace("https://nj.gov/governor/news/news/562019/approved/news_archive.shtml") // ]]> State Capitol 210 Capitol Avenue Hartford, CT 06106 Governor Hochul announced the on time and on budget completion of three infrastructure improvement projects on the New York State Thruway in Central New York. Governor Hochul announced a second round of the County Infrastructure Grant Program, which will provide an additional $50 million to support small- and medium-sized county-led infrastructure projects. Governor Hochul announced the design phase is set to begin for the $450 million hospital annex at the State University of New York Upstate Medical.

Governor Hochul announced the completion of two transformational airport projects in Rochester and Ogdensburg, supported by $36 million in state funding under the Governor’s $230 million Upstate Airport Economic Development and Revitalization Competition. Governor Hochul announced the on time and on budget completion of three infrastructure improvement projects on the New York State Thruway in Central New York. Calls on New Jersey’s Electric Utilities to Partner on Cost Mitigation Plans TRENTON – Today Governor Phil Murphy announced an affordability effort to manage anticipated utility price increases ahead of a rate hike set to take effect on June 1, 2025. “New Jersey ratepayers are preparing for an unprecedented increase in utility costs,” said Governor Murphy. “While the utilities are not responsible for the rate increases, they have a responsibility to protect ratepayers.

It’s clear that New Jersey’s four hometown electric utilities need to deliver more reasonable options. We ask that utilities share the load and commit to being part of the solution to the PJM cost crisis. These utilities have reaped billions in profits over the last ten years. My Administration will continue to identify and put all options on the table to mitigate rate increases.” New Jersey Board of Public Utilities (NJBPU) President Christine Guhl-Sadovy advised Governor Murphy on details of the... To manage the rate hikes that ratepayers are going to experience beginning June 1, 2025, the BPU required the four investor-owned electric utilities to file petitions providing proposals to mitigate overall bill impacts to... The customer cost mitigation plans were required to include rate deferment to lower usage months and other opportunities to provide rate stabilization and savings where possible.As part of the effort to manage rate hikes...

Capacity market prices make their way to customers’ bills in part through the State’s annual Basic Generation Service (BGS) auctions. The Board’s authority over the auctions is limited and does not extend to influence pricing. As a result of the 2024 PJM Base Residual Auction and the 2025 BGS auctions, the projected average monthly customer bill increases, beginning June 1, 2025, range from 17.23% to 20.20%, depending on the... The State has identified a variety of programmatic updates and efforts to lessen the immediate impact of the impending rate hikes. Last year, New Jersey’s energy assistance programs provided approximately $295 million in assistance to more than 455,000 families. Additionally, the Murphy Administration unveiled the Residential Energy Assistance Payment (REAP) initiative, which disbursed over $48.7 million via a one-time $175 bill credit for over 278,000 qualifying households.

To build on the significant cost savings delivered by the REAP initiative, the Board approved a second Residential Energy Assistance Payment at the Agenda meeting on April 23, 2025. Furthermore, on March 20, 2025, the Board released a Straw Proposal to expand the Universal Service Fund (USF) program, a bill credit program open to customers who are at or below 60% of the... For a family of four that’s approximately $92,000 a year. The USF Straw Proposal seeks to increase the amount of bill assistance and require the utilities to meet certain enrollment obligations to ensure available resources are reaching those who qualify. In addition to direct bill credits and expansion of USF, the Board also opened another Community Solar Energy Program (CSEP) allocation at the April Agenda Meeting. Community solar subscribers receive guaranteed savings for participating in the CSEP with discounts of 15% or more on community solar credits applied to their bills.

CSEP currently serves more than 28,000 New Jersey subscribers, who have received more than $37 million in bill credits with net savings of more than $7 million since the start of the pilot program. Opening an additional capacity block of 250 megawatts is key to helping put affordability within reach for more New Jersey ratepayers. The Board also recently opened the third Competitive Solar Solicitation for grid-scale solar, which last year resulted in over 300 megawatts of the cheapest solar ever incentivized, proving solar can be developed competitively and... For example, clean energy growth in New Jersey and throughout PJM has saved New Jersey ratepayers billions in avoided costs. Without the PJM-wide (onshore) wind and solar resources that bid into PJM's 2024 capacity auction, clearing prices would have been about 60% higher, which would have cost New Jersey ratepayers roughly an additional $1.1... To reduce costs and provide rate stabilization long-term, understanding the need for more generation, the NJBPU as directed by Governor Murphy released a Request for Information on nuclear generation and other advanced nuclear technologies...

The State also has a significant portfolio of energy efficiency programs run by the utilities. The first cycle of these programs has already saved customers $600 million, and savings will continue to accrue throughout the life of the installed measures. As important as customer savings from participation, these programs reduce electricity demand, which drives down capacity costs. The Murphy Administration is committed to ensuring energy affordability for all ratepayers and helping ratepayers navigate this challenging environment. If you or someone you know needs assistance with their energy bills, contact the NJBPU before you are faced with a service disruption. There are several assistance programs available for utility customers: Universal Service Fund, Fresh Start Program, Payment Assistance for Gas and Electric (PAGE) Program, Low Income Home Energy Assistance Program, Lifeline, NJ Shares, and NJ...

Additionally, the Winter Termination Program is a utility-led program that protects qualifying ratepayers from service disruption during the winter months from November 15 until March 15. A more detailed description of these programs, as well as the requirements and guidelines can be found on the NJBPU’s website at BPU Assistance Programs. Plan Details Administration’s Energy Accomplishments and Paths Forward TRENTON – Governor Phil Murphy today announced the release of the 2024 Energy Master Plan (EMP), a roadmap to guide future energy policy in New Jersey. The report looks back on progress made and recommends clear action steps over the next decade to provide New Jersey with a clean and affordable energy future that accomplishes the State’s demand and supply... The development of the EMP spanned roughly 22 months, from early 2024 through October 2025. This edition of the EMP builds on the 2019 EMP, incorporating the latest advancements in technology, policy, and programming to create an affordable and sustainable path and leverage the benefits of the clean energy...

The report was prepared by a consulting team from Energy and Environmental Economics (E3), ILLUME Advising, and BW Research. “This report is the culmination of our no-regrets strategy to tackling the challenges of energy affordability, supply and demand, and climate change,” said Governor Phil Murphy. “I am proud of all that we’ve been able to achieve to make our energy sector cleaner and more efficient over the past eight years. This report’s recommendations will help guide energy policy to new heights in the future.” The core output of the 2024 EMP is a flexible, adaptive framework of “no-regrets” strategies and policies that can be... The strategies build upon the comprehensive energy programming that the Murphy Administration has built from the ground up over the past eight years. They include:

To view the 2024 EMP, click here.To view the 2019 EMP, click here. On this page you will find the latest press releases and statements from the Office of Governor Walz and Lieutenant Governor Flanagan. Office of Governor Tim Walz 130 State Capitol 75 Rev Dr. Martin Luther King Jr. Blvd. St.

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Office Of The Governor Press Releases

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