The newly elected Virginia and New Jersey governors both promised to lower electricity bills. Here's how
Briefly

The newly elected Virginia and New Jersey governors both promised to lower electricity bills. Here's how
""Voters in New Jersey and Virginia chose leaders ready to take on soaring energy costs and the powerful interests driving them higher," "Governors-elect Mikie Sherrill and Abigail Spanberger earned voters' trust with common-sense plans to lower costs by fixing [electricity grid operator] PJM's broken system and expanding cheap, homegrown, faster-to-build clean energy," "In elections defined by the skyrocketing cost of living, voters made clear they want leaders who will actually do something about it.""
""Rising electricity rates have hit New Jersey particularly hard. Residents there saw prices spike about 21% over this past year. Sherrill, who won New Jersey with just over 56% of votes, pledged to declare a "state of emergency on utility costs" on her first day in office. She has also promised to freeze residents' utility rates, build more "cheaper and cleaner power," and push utility companies to be more transparent.""
Electricity bills have spiked nationwide, with energy prices rising faster than inflation and expected to continue increasing. Voters in New Jersey and Virginia elected gubernatorial candidates who ran on promises to lower electricity costs. Campaign plans emphasize fixing PJM's problems and expanding cheaper, homegrown, faster-to-build clean energy to reduce rates. New Jersey experienced roughly a 21% rise in residential electricity prices over the past year. The New Jersey winner pledged to declare a "state of emergency on utility costs," freeze utility rates, build more cheaper and cleaner power, and require greater utility transparency. National emergency moves favor oil and gas despite renewables being the cheapest new generation.
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