FOLSOM, N.J. – June 1, 2020 – South Jersey Gas, a subsidiary of SJI (NYSE: SJI), announced today that it submitted its annual Basic Gas Supply Service (BGSS), Balancing Service Charge (BSC) and Conservation Incentive Program (CIP) filings – requesting a 4.4% decrease.
If approved by the BPU, the combined effect of the proposed BGSS, BSC and CIP rate changes for an average residential heating customer utilizing 100 therms of gas during a winter heating month, would be a decrease of $6.34.
“Across our organization, we remain committed to supporting our customers with safe, reliable, affordable service,” said Dave Robbins, President South Jersey Gas. “Through balanced portfolio management and optimizing resources to minimize cost, we continue to meet our commitment to those we serve.”
In its filing, SJG requested a 10.2 percent BGSS decrease and a 0.1 percent BSC increase on the typical customer bill. SJG also requested a 5.7% CIP increase.
If approved by the BPU, the requested South Jersey Gas rate changes would take effect on October 1, 2020.
For customers struggling to pay their energy bills, energy assistance is available. Additional information can be found on the South Jersey Gas website, southjerseygas.com.
About South Jersey Gas
South Jersey Gas, subsidiary of SJI (NYSE:SJI), delivers safe, reliable, affordable natural gas and promotes energy efficiency to approximately 400,000 residential, commercial and industrial customers in Atlantic, Cape May, Cumberland, Salem, and portions of Gloucester, Burlington and Camden counties in New Jersey. For more information, visit southjerseygas.com.