These 3 Laws Will Cut NJ Electric Bills, Sherrill Says

Gov. Mikie Sherrill signed three bills targeting utility companies and AI data centers, which she says will eliminate unnecessary utility incentives, strengthen oversight of infrastructure spending, and require large data centers to pay their share of grid costs instead of passing them to families and small businesses. The news comes with a catch, though: the Residential Universal Bill Credit program is being trimmed by $75 this year, meaning some residents will feel a pinch even as the new laws aim to bring longer-term relief.