{"id":404617,"date":"2020-12-22T10:28:26","date_gmt":"2020-12-22T15:28:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404617"},"modified":"2020-12-22T10:28:26","modified_gmt":"2020-12-22T15:28:26","slug":"new-jersey-natural-gas-extends-bill-credit-through-january-2021-announces-additional-12-5-million-for-customers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-jersey-natural-gas-extends-bill-credit-through-january-2021-announces-additional-12-5-million-for-customers\/","title":{"rendered":"New Jersey Natural Gas Extends Bill Credit Through January 2021; Announces Additional $12.5 Million for Customers"},"content":{"rendered":"

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New Jersey Natural Gas Extends Bill Credit Through January 2021; Announces Additional $12.5 Million for Customers<\/b><\/p>\n

Adds to $10 million bill credit already benefiting customers in month of December<\/i><\/p>\n

WALL, N.J.–(BUSINESS WIRE<\/a>)–
\nNew Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR) today notified the New Jersey Board of Public Utilities (BPU) it will provide residential and small commercial customers with a bill credit of $12.5 million for the month of January. The credit comes on top of a $10 million credit issued for December, a total of $22.5 million delivered to customers over the two-month period.\n<\/p>\n

\nThis one-time additional bill credit will save the typical residential heating customer using 197 therms during the month of January $24.03, or a decrease of 11.3% on their monthly bill.\n<\/p>\n

\nWhen combined with the previous credit issued in December, NJNG will have saved the average customer $43.34 over the two-month period.\n<\/p>\n

\n\u201cWith the arrival of winter snowfall and colder temperatures across the state, we are pleased to be able provide another timely bill credit to our customers during the heating season, when bills are typically at their highest,\u201d said Steve Westhoven, President and CEO of New Jersey Natural Gas. \u201cWe will continue to utilize our market expertise and prudently manage our costs to identify savings wherever possible for our customers.\u201d\n<\/p>\n

\nNJNG is able to provide this additional bill credit at this time due to lower natural gas prices. NJNG does not earn a return on the price of natural gas used to serve its customers. This bill credit does not affect NJNG\u2019s profitability.\n<\/p>\n

\nWhile delivering this type of direct, broad-based relief benefits all of its customers, NJNG recognizes many customers are still struggling under the economic pressures of the pandemic and has additional resources to help. Any customer who is having trouble paying their bills should contact NJNG to be connected with Energy Assistance programs<\/a> that can provide other relief, including: deferred payment arrangements, budget plans, utility bill payment assistance, one-time grants, and low- or no-cost energy efficiency programs to reduce consumption and lower bills.\n<\/p>\n

\nIf you or someone you know is a NJNG utility residential customer in need of assistance, call 800-221-0051 and say “energy assistance” at the prompt to speak with an NJNG customer service representative or email us at energyassist@njng.com<\/a>.\n<\/p>\n

About New Jersey Resources<\/b><\/p>\n

\nNew Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:\n<\/p>\n