Readers could have seen your ad here when reading this story. Email
       Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation

PSE&G Extends Residential Gas Supply Bill Credits Through April

March 25,2015

Public Service Electric and Gas (PSE&G) announced that it is extending gas supply bill credits through April 30 for its default service residential gas heating customers -- cutting the average April bill for the typical residential gas customer by about 32 percent.

The April bill credit is an extension of the bill credits PSE&G provided for residential gas usage for the past five months -- November through March.

With these credits, a typical residential PSE&G customer using 842 therms from Nov. 1, 2014 through April 30, 2015, would see a total credit of $236 for a savings of about 31 percent on their gas bill over this six-month period, the company said

In addition to these bill credit savings, on Oct. 1, 2014 the utility lowered the supply cost per therm to 45 cents from 54 cents per therm -- its lowest rate in 14 years.

“This winter, PSE&G experienced four of its top five peak days ever for gas delivery,” said Jorge Cardenas, PSE&G vice president of asset management and centralized services. “Despite the low temperatures and high demand for gas, the continued availability of low-cost shale gas made heating our homes more affordable. Extending bill credits through April means our customers will continue to realize savings well into spring.”

Since January of 2009, reductions in the cost of gas supply have lowered bills 44 percent, for an annual savings of $741 for PSE&G’s current typical residential gas heating customer. In addition to these reductions, since 2012 PSE&G has issued a number of bill credits that reduced customers’ supply portion of their bills by a total of $433, the company said

PSE&G   New Jersey   Default Service   Price to Compare  

Comment on this story

NEW Jobs on
Business-Development-Manager -- Retail Supplier -- Texas - Houston
Business-Development-Manager -- Agent, Broker, Consultant -- New Jersey
Energy-Sales-Broker -- Agent, Broker, Consultant -- Pennsylvania
Retail-Energy-Channel-Manager -- Retail Supplier -- New York
Chief-Operating-Officer -- Retail Supplier -- New York

More Stories on
PECO Posts Pending Prices To Compare For Period Beginning June 1
NJ BPU Awards ZECs To Nuclear Plants, Allows Cost Recovery
OCC: Retail Supplier Customers Paid $1.1 Million More Than Default Service In Feb. 2019
New Jersey Aggregation Selects Retail Supplier
ComEd Launches Initiative To Protect Against "Fraud", Bring Transparency To Retail Market

comments powered by Disqus

Advertise here:

Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service


Developed by: Avidweb Technologies inc.