Atlantic City Electric, the utility company that powers millions of homes and businesses in South Jersey, wants to raise rates on its electricity after investing in energy-delivering capabilities to limit outages, according to company officials.
The provider filed a rate increase request on Nov. 21 with the New Jersey Board of Public seeking to use the funds to pay for $109 million in infrastructure work. Should the increase get approved, the typical residential customer using 643 kilowatt hours of electricity per month would see a monthly bill increase of 8%, or about $12.96, Atlantic City Electric said.Man, 19, accused in deadly N.J. shooting, turns himself in, police sayIf you purchase a product or register for an account through a link on our site, we may receive compensation.
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