Customers of New Jersey Natural Gas will get some relief with their heating bills over the next two months thanks to the recent drop of wholesale natural gas prices.According to the New Jersey natural gas utility here, the average New Jersey consumer will save 20 percent on their gas bill from Feb. 1 to March 31 with credits for the typical residence totaling about $89.
Additionally, the company received a greenlight to continue its Conservation Incentive Program (CIP), which enables the utility to promote conservation coupled with energy-efficiency improvements. The CIP has been extended to Sept. 30, 2013.
“The rate credits announced today as well as the extension of our Conservation Incentive Program are two examples of the steps we are taking to help our customers during these challenging economic times,” says Laurence M. Downes, chairman and CEO of NJNG.
Downes continues, “We are able to provide financial relief during the months when customers’ bills can be at their highest and continue to offer energy-saving information and programs that benefit our customers, company and state.”
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