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Public Service Electric and Gas Co.

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Residential PSEG Customers Could See Increased Utility Rates Residential PSEG Customers Could See Increased Utility Rates
Residential Pseg Customers Could See Increased Utility Rates Public Service Electric and Gas Co. (PSE&G) filed its first regulatory rate review in more than eight years last week, asking for a small adjustment in electric and gas base delivery rates. If approved as filed, the typical combined residential electric and natural gas customer will see an approximate 1 percent increase or about $19.70 in their annual bill.  Even with this proposed increase, bills for the typical residential customer are expected to be more than 15 percent lower than they were in 2010. "Our customer bills are already among the lowest in the state – and that won't …

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by Cecilia Levine