HomeJune 1, 2017
PSE&G Files For Gas Supply Rate Increase This Fall (Default Service)
Would Be First Supply Rate Increase in Nine Years
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Public Service Electric and Gas Co. (PSE&G) today filed for what it called a "modest" increase in the residential gas supply rate for basic gas supply service customers
If approved by the New Jersey Board of Public Utilities, this would be the first gas supply rate increase in nine years.
Under the proposal, the rate that residential default service natural gas customers pay would increase to 37 cents from 34 cents per therm (rounded) this fall.
Under the gas supply filing made today, a residential gas heating customer who uses 165 therms in a winter month and 1,010 therms annually would pay about $5 – or 3.6 percent more in a winter month. This same customer would pay about $31 more per year.
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