NJ NatGas Customers See Another Rate Drop, Down 47% Since 2009!

rate decreaseNew Jersey natural gas customers of Public Service Electric and Gas Co. (PSE&G), the very people who will benefit from the proposed PennEast Pipeline, will see another 5.7% drop in their natgas bills this winter. PSE&G, which serves approximately three-fourths of all NJ residents, says because of the nearby Pennsylvania Marcellus Shale, since 2009 their natgas customers have seen a whopping 47% decrease in rates. That equates to an average savings of $792 per year! Thanks to the Marcellus Shale and the miracle of horizontal hydraulic fracturing, NJ’s air is cleaner, NJ consumers pay less for natural gas, and the gas is home grown energy from a neighboring state–providing jobs and making us more secure…

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