As electricity demand soars, NJ regulators explore new utility profit models

New Jersey regulators are exploring shifting to a model that would base utility profits on performance rather than infrastructure investments.

By: Nikita Biryukov

Outlets: New Jersey Monitor

Published: May 8, 2026

Words: 798

Last Updated: 1 month, 2 weeks ago

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New Jersey’s energy regulators are taking steps to explore a system that would see the state’s utilities draw profit based on their performance rather than tying their returns to capital investments that improve grid reliability but drive up customer bills.

The move follows an executive order Gov. Mikie Sherrill (D) signed when she took office that directed the Board of Public Utilities to examine whether the profit model of New Jersey’s four …

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