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Atlantic City Electric Under Fire | Newark News
Description
Federal auditors slam Atlantic City Electric with five major flaws — including overbilling, botched equipment write-offs, and misreading tax law — sparking refund questions despite the company’s $188M profit in 2025. As power bills soar 20% in New Jersey, fueled by data centers, local Rep. Jeff Van Drew demands transparency, warning customers may be paying too much — and pushing back against corporate spin as trust erodes.
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