The state board moves to ensure that customer subsidies to power companies are more than offset by savings to consumers.
To gain approval, offshore wind projects must demonstrate a positive net impact on New Jersey's economy.
Falling natural gas prices and a still-sluggish economy mean most consumers will pay less for power.
Garden State Offshore Energy may triple the size of its proposed project, if new offshore wind regulations permit it to scale up.
Federal court dismisses challenge to pricing system that costs electric consumers as much as $1.9 billion a year.
Governor blocks the building of a liquefied natural gas facility 16 miles off Asbury Park.
Federal program should speed approval process of offshore wind farms, also reserves $50 million in funding to help defray deployment costs.
Opponents want state agency to reconsider Highlands transmission line and dismissal of a case involving billions in so-called stranded costs.
Assembly committee votes out a five-bill package aimed at building an infrastructure for electric vehicles and attracting green jobs to the Garden State.
If power prices stay flat or take a small dip, as most experts expect, residential customers could be paying a little bit less for electricity.