PSE&G says bills will be lower even with upgrades - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

PSE&G says bills will be lower even with upgrades

Posted: Updated:

NEWARK, N.J. (AP) - New Jersey's largest utility company believes customers will pay less for electricity and natural gas even if the company gets permission to spend $4 billion to upgrade its system over the next decade.

Public Service Electric & Gas says residential customers will pay $1 less a month in 2018 than they do now if natural gas prices remain at current levels.

PSE&G announced last month its plan for a series of major upgrades to try to insulate its infrastructure from being kept offline by future storms.

The company gave more details Wednesday, saying bills would go up slightly over the next two years before dropping in 2016 and 2017.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey News

  • Passenger: 'I'm dead'

    Monday, June 17 2013 6:26 PM EDT2013-06-17 22:26:45 GMT
    A man aboard a United Airlines flight bound for Newark Liberty International Airport claimed his fellow passengers on the plane had been poisoned and was screaming about going to die.
    A man aboard a United Airlines flight bound for Newark Liberty International Airport claimed his fellow passengers on the plane had been poisoned and was screaming about going to die.
  • Monday, June 17 2013 5:20 PM EDT2013-06-17 21:20:42 GMT
    Federal authorities have released new versions of flood zone maps, which could bring relief to some property owners.
    Federal authorities have released new versions of flood zone maps, which could bring relief to some property owners.
  • Monday, June 17 2013 2:56 PM EDT2013-06-17 18:56:27 GMT
    The New Jersey Department of Environmental Protection and a shore community will receive more than $53 million in federal reimbursement for the cost of removing debris from waterways after Superstorm Sandy.
    The New Jersey Department of Environmental Protection and a shore community will receive more than $53 million in federal reimbursement for the cost of removing debris from waterways after Superstorm Sandy.
Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

Didn't find what you were looking for?
All content © Copyright 2000 - 2013 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices