Thu, Jul 30

NEWS: New Jersey wants the industry’s POV on its proposed VPP program.

  • The background: NJ residential rates have increased 7.4% per year over the past five years—that’s why Gov. Mikie Sherrill ran on a promise to cut energy costs. Shortly after taking office, she inked executive orders to do just that. These include a directive for NJ’s Board of Public Utilities to roll out a VPP program, which is now slated to kick off in July 2027. 

  • The latest: Today, the NJ BPU is holding a public stakeholder meeting for its proposed VPP network, which would be run by utilities and third-party suppliers. One item on the docket: how the VPP network can harness utilities’ existing demand-response programs.

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