JOURNAL ARTICLE

New Jersey's New Governor to Freeze Electricity Rates on First Day in Office.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Cattan, Nacha; Malik, Naureen S. 3 of 3

Abstract

The article discusses New Jersey's incoming governor, Mikie Sherrill, and her plan to freeze electricity rates on her first day in office as a response to rising energy costs. Sherrill, a Democrat, intends to issue an executive order declaring a state of emergency regarding utility costs, which would prevent utility companies from increasing rates while promoting new power generation initiatives. Key measures include connecting community-based solar projects, expanding demand response programs, and fast-tracking solar and battery storage projects. Critics have raised concerns about the feasibility of controlling utility prices and the potential unintended consequences of her policies. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:190986847
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