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Many New Jersey Customers Set To See Major Cuts On Gas Bills

PSEG To Provide 2-Month Credit For Residential Gas Customers
Natural Gas

(Credit: CBS)

NEWARK, N.J. (CBSNewYork) – Nearly 2 million utility customers in New Jersey will be saving big on their gas bill.

The Public Service Enterprise Group, formerly known as Public Service Electric & Gas, said it is providing a two-month bill credit for residential gas customers.

As a result, the typical bill for November and December will drop by about 33 percent, or about $93.

“What we’ve done is we’ve calculated a typical residential customer who uses 106 therms in November and 160 therms in December – when weather is colder – would see this reduction in their bill and reap those savings of that $93,” said PSEG spokeswoman Karen Johnson.

The discount could go into January for some customers, Johnson said.

“The bill credit will be in effect for November and December usage, but again, based on meter-reading schedules, some of our customers, say, whose meters aren’t read until later in November or December, could see some of these savings reflected in their January bills,” she said.

The utility said the cost of gas in general is down, and it wants to pass the savings on to customers.

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