What NJNG prices changed on October 3, 2008?
• The New Jersey Board of Public Utilities (BPU) regulates NJNG and recently approved several changes to the Tariff for Gas Services, including new base rates (part of the Delivery Charge), changes to the Periodic Basic Gas Supply Service (BGSS) rate and the following tariff riders which are included in the Delivery Charge: the Conservation Incentive Program (CIP), the Weather Normalization Clause (WNC) and the statewide Universal Service Fund (USF), which became effective on October 24. A residential heating customer using 100 therms a month will see an overall increase of $19.29 or 12.8 percent from the combined impact of these base rate price changes. NJNG’s customer bills consist of two main parts: the Delivery Charge which includes the base rate for the cost of delivering natural gas and maintaining the distribution system, and the BGSS, or the portion of the bill that goes toward purchasing the natural gas itself. Base rates are the portion of the customers’ bill designed to reco
