FOR IMMEDIATE RELEASE
July 17, 2025
Contact: Michelle Peal
O: (609) 331-9922
C: (908) 313-4178
New Jersey LCV hails bold multi-state effort to reform broken PJM, calls for passage of clean energy bill to lower electric prices
TRENTON, NJ – As the PJM capacity auction starts this week, New Jersey LCV Executive Director, Ed Potosnak, has issued the following statement in response to a newly announced multi-state effort to reform PJM, the entity that manages the electric grid of New Jersey and 13 other states:
We commend Governor Murphy and his counterparts in states across the PJM grid for advancing bold new initiatives designed to reform the out-of-control grid operator and rein in skyrocketing costs. PJM has grossly mismanaged our grid, denying consumers cheaper clean energy solutions and helping drive energy prices even higher.
The recent PJM auction, which saw prices jump by 29%, only underscores the importance of bold action. This increase is because of the dismal outlook caused by Donald Trump’s policies doubling down on dirty, more expensive energy to enrich billionaire oil and gas CEOs on the backs of working families. Washington DC is driving prices higher by undercutting access to cheaper, faster, healthier, and local clean energy options.
We are calling on Governor Murphy and the legislature to continue the momentum putting New Jersey in charge of our own energy future by passing landmark legislation committing us to 100% clean energy by 2035 this year. This bill will ensure that our state becomes a national leader in 21st century clean energy, creating union jobs, reducing air pollution and delivering lower costs for working families in the face of Trump’s attacks.
Governors’ Letter to PJM: https://www.pjm.com/-/media/DotCom/about-pjm/who-we-are/public-disclosures/2025/20250717-nine-governors-letter-regarding-board-vacancies.pdf