This week, a bipartisan group of nine Governors within the PJM region sent a letter to the PJM Board of Managers urging the Board to make certain reforms. The letter requests approving new Board members put forward by the states, meeting with the governors during the July 23 member meeting, and creating a formal group of PJM governors. The letter ended with a commitment from the governors to work with PJM to deliver affordable and reliable power. The letter comes just after the July 2025 PJM capacity auction closed and before the auction results are announced.
In response to this letter, New Jersey Policy Perspective issues the following statement:
Alex Ambrose, policy analyst, NJPP:
“PJM has had years to create a more transparent voting process, improve its governance, and lower customer bills. Instead, New Jersey families are stuck paying even more for electricity. Governor Murphy and his allies aren’t only asking for a seat at the table — they are asking for a working relationship. The message they are sending is loud and clear: this is PJM’s chance to change from being a barrier to affordable, reliable energy to becoming a partner instead.”
Read more about New Jersey’s rising energy rates.
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