PSE&G says bills will be lower even with upgrades - Fox 2 News Headlines

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 This material may not be published, broadcast, rewritten or redistributed.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 NewsMore>>

  • GIRLTALK #takeover

    Angela Simmons reaches out

    Angela Simmons reaches out

    Wednesday, August 27 2014 7:09 PM EDT2014-08-27 23:09:20 GMT
    The Boys and Girls Club of Newark seems like the last place you'd expect to find the daughter of hip hop royalty. But when it comes to inspiring young girls, Angela Simmons, daughter of Rev. Run of Run DMC, believes in the old adage "each one, teach one." While it may seem like she had a silver spoon in her mouth, she knows the importance of giving back.
    The Boys and Girls Club of Newark seems like the last place you'd expect to find the daughter of hip hop royalty. But when it comes to inspiring young girls, Angela Simmons, daughter of Rev. Run of Run DMC, believes in the old adage "each one, teach one." While it may seem like she had a silver spoon in her mouth, she knows the importance of giving back.
  • Dangerous rip currents at NJ, NY beaches

    Dangerous rip currents at NJ, NY beaches

    Wednesday, August 27 2014 4:54 PM EDT2014-08-27 20:54:07 GMT
    Several beaches on the New Jersey and New York coastlines are open to visitors but closed to swimming because of high surf and dangerous rip currents. The National Weather Service has issued a High Surf Advisory and Rip Current Statement for the area beaches because of the effects of Hurricane Cristobal, which is expected to track south and east of the Jersey shore through Thursday.
    Several beaches on the New Jersey and New York coastlines are open to visitors but closed to swimming because of high surf and dangerous rip currents. The National Weather Service has issued a High Surf Advisory and Rip Current Statement for the area beaches because of the effects of Hurricane Cristobal, which is expected to track south and east of the Jersey shore through Thursday.
  • Man kills wife, wounds self at NJ hospital

    Man kills wife, wounds self at NJ hospital

    Wednesday, August 27 2014 11:50 AM EDT2014-08-27 15:50:16 GMT
    Authorities say a man fatally shot his wife and wounded himself at a hospital in southern New Jersey. Camden County Prosecutor's Office spokesman Jason Laughlin says the shooting happened Wednesday at Kennedy University Hospital in Stratford. The man was being treated for his injuries.
    Authorities say a man fatally shot his wife and wounded himself at a hospital in southern New Jersey. Camden County Prosecutor's Office spokesman Jason Laughlin says the shooting happened Wednesday at Kennedy University Hospital in Stratford. The man was being treated for his injuries.

Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices