NJ Natural Gas Cutting Rates
Some natural Gas customers in New Jersey are getting a break even though they’re paying more at the gas pump.
New Jersey Natural Gas on Friday announced it is lowering its basic gas supply service rate and issuing a bill credit in March.
A typical customer will save more than $43 annually from the rate cut, which reflects lower wholesale natural gas prices and a warmer than normal winter.
The utility also will provide customers a bill credit for the fourth month in a row which will save the typical customer $33 for the month.
New Jersey Natural Gas provides service to nearly 500,000 customers in Ocean, Monmouth and Morris Counties.
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