Home

Articles from New Jersey Natural Gas

New Jersey Board of Public Utilities Approves New Rates for New Jersey Natural Gas
New Jersey Natural Gas (NJNG) today received approval from the New Jersey Board of Public Utilities on the settlement of its base rate case resulting in a $157 million increase to its base rates. NJNG requested the increase to recover costs associated with the company’s infrastructure investments, system enhancements and the overall operation of its business.
By New Jersey Natural Gas · Via Business Wire · November 21, 2024
New Jersey Natural Gas Receives Approval for Its Largest Ever Energy-efficiency Program
New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), today received approval from the New Jersey Board of Public Utilities (BPU) for the next generation of its SAVEGREEN® program. The expanded solutions underscore NJNG’s commitment to advancing energy-efficiency opportunities and pursuing new, cleaner energy technologies to help customers reduce their energy usage and lower their energy bills. This program cycle is scheduled to go into effect January 1, 2025, and continue through June 30, 2027, positioning NJNG to meet its annual energy-saving goals consistent with the New Jersey Clean Energy Act.
By NEW JERSEY NATURAL GAS · Via Business Wire · October 30, 2024
New Jersey Natural Gas Files Annual Rate Adjustments With the New Jersey Board of Public Utilities
New Jersey Natural Gas (NJNG), a regulated subsidiary of New Jersey Resources (NYSE: NJR), today filed its annual Basic Gas Supply Service (BGSS) and Conservation Incentive Program (CIP) rates with the New Jersey Board of Public Utilities (BPU). Separately, NJNG also filed to recover costs associated with its energy-efficiency (EE) programs. The overall impact of these filings is a 0.5% increase for typical residential heating customers purchasing their supply from NJNG.
By New Jersey Natural Gas · Via Business Wire · May 31, 2024
New Jersey Natural Gas Announces Installation of State’s First CarbinX Carbon Capture Units
Building on its commitment to develop and deploy innovative approaches to reduce greenhouse gas emissions, New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), announced it has installed and is now operating two CarbinX™ carbon-capture systems at its Wall, N.J. headquarters. These units are the first of their kind in operation in New Jersey.
By New Jersey Natural Gas · Via Business Wire · May 14, 2024
Steep Rise in Natural Gas Prices Prompts New Jersey Natural Gas to Implement a 5% Increase to Cover Wholesale Commodity Costs
Due to a significant increase in wholesale natural gas prices, today New Jersey Natural Gas (NJNG) filed a notice with the New Jersey Board of Public Utilities (BPU) for a 5% increase related to Basic Gas Supply Service (BGSS) for residential and certain small commercial customers effective December 1, 2021.
By New Jersey Natural Gas · Via Business Wire · November 19, 2021
New Jersey Board of Public Utilities Approves New Rates for New Jersey Natural Gas
New Jersey Natural Gas (NJNG) today received approval from the New Jersey Board of Public Utilities (BPU) on the settlement of its base rate case and conclusion of its Safety Acceleration and Facility Enhancement (SAFE II) and New Jersey Reinvestment in System Enhancement (NJ RISE) programs, resulting in a $79.269 million increase to its base rates. NJNG requested the increase to recover costs associated with the responsible operation of its business, system enhancements and infrastructure investments, including an emission-reducing green hydrogen project, the Southern Reliability Link (SRL) and a new safety training facility.
By New Jersey Natural Gas · Via Business Wire · November 17, 2021