New Jersey Resources' (NJR) Unit Files for Gas Rate Revision
New Jersey Resources(NJR) ZACKS·2024-06-03 23:21
New Jersey Resources (NJR) announced that its unit, New Jersey Natural Gas (“NJNG”), has filed for a rate revision with New Jersey Board of Public Utilities ("BPU"). If the rates are approved without any change, it should increase the utility bill of a typical residential customer using 100 therms a month by 0.5% or 71 cents per month. NJNG expects the rate adjustment to take effect from Oct 1, 2024, subject to the approval of BPU.In this rate revision filing, NJNG has asked for a reduction in its annual Ba ...