ELECTRIC RATES GOING UP NEXT MONTH

ACE-Logo-BlueGreenAtlantic City Electric customers will see their bills increase very soon. The New Jersey Board of Public Utilities (BPU) on Wednesday approved a distribution rate adjustment of $19 million, or a 1.65 percent increase, on Atlantic City Electric customers’ bills effective Sept. 1. Under the new rates, a typical bill for a residential customer using 1,000 kilowatt hours per month will increase by $2.81 or from $171.73 to $174.54 per month. The company says the base rate adjustment will help pay for investments made to provide customers with safe and reliable electric service, including upgrades to existing infrastructure, enhancing the reliability of the distribution system and building new facilities to meet future customer needs.

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