June 2026 default supply (BGS) price change
Fuel / purchased power · Electric
Typical residential bill (650 kWh/month)
- −$3.23/mostarting June 1, 2026 (−1.8%)Default supply (BGS) customers only; BPU projects $183.46 to $180.23, before any credits or offsets.
Typical bill before the change: $183.46/month
- Filed
- Not disclosed
- Decided
- February 12, 2026
- Effective
- June 1, 2026
- Requested increase
- Not disclosed
- Approved increase
- Not disclosed
- Docket
- ER25040190
New Jersey's annual BGS auction sets default electricity supply prices for customers who do not buy from a third-party supplier. After the February 2026 auction, the BPU projected PSE&G's average residential bill (650 kWh) would go from $183.46 to $180.23 (-1.8%) on June 1, 2026, before credits. This changes supply charges, not delivery rates.
Utility's stated reasons
- wholesale energy and PJM capacity prices
- PJM capacity price cap limited the increase
Sources (2) · Verified against regulator or utility filings
- New Jersey Board of Public Utilities Certifies 2026 Electricity Auction ResultsNew Jersey Board of Public Utilities · Government data · Feb 12, 2026 · accessed Sep 29, 2026
- Order: Provision of Basic Generation Service for the Period Beginning June 1, 2026 (auction results)New Jersey Board of Public Utilities · Regulator order · Feb 12, 2026 · accessed Sep 29, 2026
Last verified Sep 29, 2026