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


Sherrill, a Democrat, will issue an executive order calling a state of emergency on utility costs after she’s sworn into office Tuesday, said a person familiar with the matter. The much-anticipated moves will enable New Jersey to block utility-rate increases sought by companies while it accelerates new power generation, said Allison Clements, co-chair of Sherrill’s energy transition team.



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