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Hereof, how much does PSEG cost per month?

For the average residential customer (usage of 775 kWh per month), the increase will be: 2016 – an average of $. 65 a month. 2017 – an average of $3.33 a month.

why is my PSEG bill so high? Many homeowners have high electricity bills because of the appliances that are plugged into their outlets, even if they aren't using them frequently. While appliances on standby don't use as much electricity as when they're in use, it can still add up, and it contributes to an overall higher electricity bill.

Keeping this in consideration, are equal payment plans worth it?

It might be a good idea for you if you don't budget well or want a more consistent payment to plan for. I have the equal payment plan, they're pretty accurate at least for me, at the end of the year if you overpaid your next bill is reduced that amount.

Did PSEG rates go up?

Beginning in September, PSEG Long Island is raising its decoupling rate fee from $1.69 a month to $4.30 a month for the average customer. The 154 percent increase in the decoupling rate is due to recent moderate weather and the increased use of green energy initiative, which reduced customer usage.