HomeFebruary 22, 2018
PSE&G Extends Default Service Rate Credit To March
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Public Service Electric and Gas Company announced that it is extending a credit to basic gas supply service customers to March
The March credit, for residential customers, is $0.150000/therm, and had also been in place for January and February 2018
The amount of the credit amounts to about $25 per month for the average residential customer
"We continue to be in a position to pass along gas price savings to our residential customers," said Jorge Cardenas, PSE&G vice president of asset management and centralized services. "Low natural gas prices, our transportation and storage capabilities, and the way we manage our contracts have enabled us to pay less for natural gas. And our customers benefit."
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