Welcome!

News Feed Item

PSE&G Extends Gas Credit into March

Customers to save another $40 depending on March usage

NEWARK, N.J., Feb. 20, 2014 /PRNewswire/ -- Public Service Electric and Gas (PSE&G) announced today that it will extend its February bill credit for residential gas customers next month, saving customers another $40 on their bills for March usage.   

(Logo: http://photos.prnewswire.com/prnh/20120830/MM62627LOGO)

The current bill credit of 25 cents per therm, including taxes, will keep the gas supply rate reduced from approximately 54 cents to approximately 29 cents per therm for usage in March. With the bill credit factored in, a typical residential heating customer using 160 therms in March would see a reduction in their one-month bill from $164.97 to $124.97 for a savings of $40 in their supply charges.  Depending on meter reading schedules, many customers will see some of the reduction in March with the remainder in their April bills. This savings is in addition to the $40 savings the same typical residential customers received through the company's February bill credit for their February usage.  

"This is the third time we have provided a substantial credit for residential gas customers this winter heating season," said Jorge Cardenas, PSE&G vice president of asset management and centralized services. "Since last November, residential gas customers have saved about $133 on their gas usage - and will save another $40 next month." He noted that the bill credits are on top of nine bill decreases that have saved the typical residential customer about $674 - or 39 percent - in supply costs since January 2009.

Cardenas said that PSEG has leveraged its portfolio of gas pipeline transportation and storage agreements to lower gas costs for residential customers. "Although current market prices for gas have increased, we have purchased gas from the nearby Marcellus Shale Formation during the past several months at rates that are below prevailing market prices due to the surplus of supply in the region," he said. "These lower cost supplies have provided a benefit to residential customers. We are required to pass along these savings to our customers and are particularly happy to do so at a time when they are striving to keep winter heating bills affordable."

With cold temperatures expected to return next week, the utility offers some steps customers can take to stay warm and reduce their costs even further.  

  • Check for sufficient water levels in the sight glass for hot water and steam heating systems to ensure maximum efficiency.  Clean or replace the furnace filter on hot air heating systems.
  • Lower your thermostat by just one degree, which may reduce your heating bill by up to 3 percent.  Save even more by lowering your thermostat 2 degrees during the day and 5 to 10 degrees at bedtime if health conditions permit.
  • Close dampers in fireplaces you don't use.
  • Purchase and wrap an insulation blanket around the tank of your hot water heater.  Wrap the outlet pipe with inexpensive flexible insulating tubing to reduce the time it takes for hot water to reach your shower.  Set your hot water heater to no more than 120 degrees.
  • Move furniture and drapes away from heating registers, radiators, and baseboard element covers.  Open any register or baseboard dampers.
  • Cover window air conditioners to reduce drafts. Install insulated or lined drapes on your windows. 
  • Use weather stripping or one-sided sticky tape to seal up cracks and prevent drafts in windows and doorframes.  Caulk smaller gaps.  Beneath doors, install draft guards available at hardware stores.   
  • Use a shrink film insulation kit on really drafty windows or make one yourself from plastic sheeting and double-faced tape.
  • Seal wall switches and electrical outlets with small foam gaskets available at home improvement centers and hardware stores.  Remove the cover plate, insert the gasket, and screw the cover plate back in place.   
  • If you have a door leading outside from your basement, hang a full-size sheet of plastic from the door frame to keep heat from escaping.  Seal windows in the basement with plastic to create a barrier against the cold. (Make sure you allow enough air supply to feed your fuel-burning appliances safely.)
  • Keep your garage door closed if the garage is attached to the house.      
  • If your budget permits, install (or have installed) a programmable thermostat that you can set to automatically lower room temperatures when rooms are not in use and also at bedtime if health conditions permit. 
  • Visit PSE&G's Home Energy Toolkit at www.pseg.com/toolkit. You can calculate the energy efficiency of your home and find out how to save energy and money on appliances and heating systems.

Public Service Electric and Gas Company (PSE&G) is New Jersey's oldest and largest regulated gas and electric delivery utility, serving nearly three-quarters of the state's population.  PSE&G is the winner of the ReliabilityOne Award for superior electric system reliability.  PSE&G is a subsidiary of Public Service Enterprise Group Incorporated (PSEG) (NYSE:PEG), a diversified energy company (www.pseg.com).

Want to know what's new at PSEG? Go to www.pseg.com/getnews and sign up to have our press releases sent right to your inbox.

SOURCE Public Service Electric and Gas Company (PSE&G)

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...