Folsom,
NJ – Folsom, NJ—South
Jersey Gas today received approval from the New Jersey Board
of Public Utilities to decrease its Basic Gas Supply Service
rate by $.035 per therm. SJG also had six other cases approved
today by the BPU, which all had implications on the company’s
gas costs. The net result of those cases was a 1.1% decrease
for residential heating customers. The reduction for a typical
residential heating customer using 100 therms of natural
gas is about $1.78 a month.
The BGSS clause serves as a method to pass along increases
and decreases in wholesale gas costs to customers. Edward
J. Graham, president and CEO of SJG stated, “We’re
fortunate that natural gas prices have continued to drop
and that we can pass those lower costs on to our customers.”
“We, along with the NJBPU, strongly encourage all
New Jersey residents to practice and implement conservation
and energy efficiency measures,” noted Graham. “Conservation
is an essential component in saving money on energy bills.
Using recommended conservation measures will allow customers
to remain comfortable in their homes and save up to 30 percent
on home heating bills,” Graham added
For information on energy efficiency programs and tips and
financial assistance programs visit www.southjerseygas.com.
South Jersey Gas is the principal subsidiary of South Jersey
Industries (NYSE:SJI) and provides natural gas service to
over 337,000 residential, commercial and industrial customers
in Atlantic, Cape May, Cumberland, Salem, and significant
portions of Gloucester, Burlington and Camden counties in
New Jersey. Visit http://www.southjerseygas.com to learn
more about South Jersey Gas and its programs.
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