Skip to Content

Press Releases

Congressman Van Drew Demands Refunds After Federal Audit Finds Atlantic City Electric Overbilled Customers

Washington, DC - Today, Congressman Van Drew responded to findings from a federal audit of Atlantic City Electric (ACE) that found the company overbilled customers and made errors related to federal tax law.

"For years, we have been saying something was wrong with what people in South Jersey were paying for electricity," said Congressman Van Drew. "We were told that we were crazy and that there was nothing to see here. We held public hearings on the issue, we pushed ACE for answers, we challenged the explanations we were being given, and when the numbers still did not add up, I asked FERC to step in and audit the company. Now the result of this audit shows exactly why we were right to demand answers. This has to be made right. The people who paid more than they should have deserve refunds now. And this audit must lead to real rate decreases, so families are not continuing to pay some of the highest electric costs in the country, especially after the New Jersey Board of Public Utilities spent years approving increase after increase instead of looking into this. Once again, I am calling for their resignation.

"We fought for this audit because we knew something was wrong. Now the truth is out, and ACE must answer for it. The next step is making sure the people of South Jersey get their money back and finally see some relief on their bills."

Click here to view the audit report.