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PSE&G Gives Natural Gas Customers Credit

New Jersey’s largest utility is giving residential natural gas customers a one-month credit in February.

PSE&G Electric Bill (Getty Images Genista)
PSE&G Electric Bill (Getty Images Genista)

Public Service Electric and Gas says the average customer will save about $40 next month.

The savings come after credits were also issued in November and December.

PSE&G says the utility purchased natural gas at rates below prevailing market prices due to a surplus in the region. The utility is required to pass the savings on to customers.

Many customers will see some of the reduction in February with the remainder in March.

(Copyright 2014 The Associated Press. All Rights Reserved)

 

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