PSE&G’s residential gas customers will save an additional $12 on their monthly gas bill in March. The company is extending its January and February credits, bringing total typical savings to about $37.
The utility credits the rebate to the continued low price of natural gas. PSE&G makes no profit on the sale of natural gas, and passes along what it pays to customers.
“This is the third time we have lowered the price of gas for residential customers this winter heating season,” said Jorge Cardenas, PSE&G vice president of asset management and centralized services.