Elizabethtown Gas files rate case with NJBPU
Elizabethtown Gas, a subsidiary of South Jersey Industries, filed a petition with the New Jersey Board of Public Utilities requesting a revenue increase of approximately $65M to recognize the infrastructure investments made to maintain the safety and reliability of its natural gas delivery system. The request represents approximately $346M in system improvements that are not currently reflected in base rates. While the utility's request would allow it to recover these system enhancing investments through a proposed base rate increase, it is important to note that, with the recent acquisition of Elizabethtown Gas by New Jersey-based SJI, customers received bill credits totaling $15 million in 2018. Currently, average annual natural gas bills for Elizabethtown Gas customers are among the lowest in the state and, for four years in a row, Elizabethtown Gas ranked highest in customer satisfaction for residential gas service among east midsize utilities by J.D. Power and Associates. The amount customers may pay as a result of this request will depend on the quantity of natural gas they use and the level of increase ultimately approved by the NJBPU.