Atlantic City Electric has received approval from the N.J. Board of Public Utilities to raise its rates in order to implement a number of energy efficiency programs to residential and business customers. The new programs have the potential to save customers more than $550 million, create more than 6,000 job-years and result in a reduction of 1.5 million tons of carbon dioxide emissions, reduce sulfur dioxide emissions by 885 tons and cut nitrous oxide emissions by 783 tons.
The cost for the typical Atlantic City Electric residential customer using 679 kWh per month will be 28 cents on their…
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