NJ Electric Costs Will Rise Again, New Report Says
New Jersey electric bills are heading higher, with a new report projecting a 20 percent jump driven largely by the surging power demands of AI data centers. A single large facility can consume as much electricity as 100,000 homes, and by 2030 data centers could account for nearly 10 percent of the state’s total electricity use. State consumer advocates are raising alarms about affordability, warning that some residents will face tough choices between paying utility bills and covering basic necessities like food and medicine.