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The Lakewood Scoop · Aug 8, 2026

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JCP&L Seeks State Approval For 9% Rate Hike; But Increase Will Be Delayed Until 2028 Jersey Central Power & Light has asked New Jersey regulators to approve a rate proposal that would delay the impact of higher delivery charges for residential customers until 2028, while allowing the utility to continue billions of dollars in investments aimed at improving electric reliability. The proposal, filed late Thursday with the New Jersey Board of Public Utilities, would increase the company’s base distribution rates by $253 million. However, JCP&L said it would use offsets to shield residential customers from those higher delivery charges throughout 2027, with the new rates taking effect in January 2028 if approved. Under the proposal, the typical residential customer using 767 kilowatt-hours of electricity per month would see their bill rise by about $14.23, or roughly 8.8%, beginning in 2028. The average monthly bill would increase from $162.30 to approximately $176.53. READ MORE ⤵️ Click here to join the official TLS Community:

*JCP&L Seeks State Approval For 9% Rate Hike; But Increase Will Be Delayed Until 2028* Jersey Central Power & Light has asked New Jersey regulators to approve a rate proposal that would delay the impact of higher delivery charges for residential customers until 2028, while allowing the utility to continue billions of dollars in investments aimed at improving electric reliability. The proposal, filed late Thursday with the New Jersey Board of Public Utilities, would increase the company’s base distribution rates by $253 million. However, JCP&L said it would use offsets to shield residential customers from those higher delivery charges throughout 2027, with the new rates taking effect in January 2028 if approved. Under the proposal, the typical residential customer using 767 kilowatt-hours of electricity per month would see their bill rise by about $14.23, or roughly 8.8%, beginning in 2028. The average monthly bill would increase from $162.30 to approximately $176.53. READ MORE ⤵️ https://thelakewoodscoop.com/news/jcp-but-increase-will-be-delayed-until-2028/ ~~~ Click here to join the official TLS Community: https://chat.whatsapp.com/GGwlPaiG0d49MJTRLfHVPN ~~~

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