South Jersey Gas Press Releases | South Jersey Industries

SJG TO REDUCE RATES BY 20.2%

Today, South Jersey Gas received approval from the New Jersey Board of Public Utilities for rate reductions that will save residential customers a total of 20.2 percent on their gas bills.

MOODY’S UPGRADES SOUTH JERSEY GAS’ SENIOR SECURED RATING TO A2 AND ASSIGNS ISSUER RATING OF Baa1

South Jersey Gas announced today that Moody’s Investors Service has upgraded its senior secured rating to “A2” from “A3” and assigned an issuer rating of “Baa1” which applies to its senior unsecured obligations as part of an industry-wide action. SJG, a subsidiary of South Jersey Industries (NYSE:SJI), is a regulated utility providing natural gas service to over 341,000 residential, commercial and industrial customers in the seven southernmost counties of New Jersey. Moody’s had raised SJG’s senior secured rating from “Baa1” to “A3” with a positive outlook at the beginning of February 2009.

SJG Receives BPU Approval for Energy Efficiency Programs

The New Jersey Board of Public Utilities today approved a proposal by South Jersey Gas, a subsidiary of South Jersey Industries (NYSE:SJI), that will create jobs and strengthen the local economy in support of Gov. Corzine’s Economic Stimulus Plan, while also providing customers with new, energy efficiency program incentives that will result in reduced energy bills.

SJG FILES TO REDUCE RATES BY 20.2%

South Jersey Gas has proposed a rate reduction that would save residential customers a total of 20.2 percent on their gas bills.

SJG Receives BPU Approval for Major Infrastructure Investment Plan

The New Jersey Board of Public Utilities today approved a proposal by South Jersey Gas, a subsidiary of South Jersey Industries (NYSE:SJI), to create jobs in support of Gov. Corzine’s Economic Stimulus Plan, while also improving the utility’s infrastructure to enhance the delivery of safe and reliable service to its customers.

SJG URGES ELIGIBLE CUSTOMERS TO PARTICIATE IN TAX CREDIT PROGRAM

South Jersey Gas encourages eligible area residents to keep their hard-earned money in their pocket and take advantage of the Earned Income Tax Credit program.

MOODY’S UPGRADES SOUTH JERSEY GAS’ SENIOR SECURED RATING TO A3, OUTLOOK POSITIVE

South Jersey Gas announced today that Moody’s Investors Service has upgraded its senior secured rating to A3 from Baa1, with a positive outlook. SJG, a subsidiary of South Jersey Industries (NYSE:SJI), is a regulated utility providing natural gas service to over 340,000 residential, commercial and industrial customers in the seven southernmost counties of New Jersey.

SJG Responds to NJ Economic Stimulus Program with Proposal for an Energy Efficiency Program

South Jersey Gas, a subsidiary of South Jersey Industries (NYSE:SJI), filed a petition January 23, 2009 with the New Jersey Board of Public Utilities for an initiative that will encourage energy efficiency, create “green” jobs and strengthen the local economy.

SJG Responds to NJ Economic Stimulus Program with Proposal for Major Infrastructure Investment Plan

South Jersey Gas, a subsidiary of South Jersey Industries (NYSE:SJI), filed a petition yesterday with the New Jersey Board of Public Utilities for an initiative to create jobs in support of Governor Corzine’s Economic Stimulus Plan, while also making the state’s energy sources greener. SJG is proposing infrastructure improvement projects over the next two years totaling approximately $100 million that are incremental to SJG’s normal capital programs scheduled for 2009 and 2010. These expenditures, which were otherwise planned to occur over the next five years, will be invested in projects designed to enhance the safety, reliability and capacity of SJG’s natural gas delivery system on an accelerated basis.