This has been creeping through the South Mountain neighborhood in Millburn.
I hope they get here before the really cold weather sets in. Three to four hours without heat can be a real problem at that time of year for a lot of us.
Hopefully this will finally mean a cure for Maplewood Ave. at West Parker, long PSEG’s Waterloo.
This isn't directly related, but natural gas prices are going through the roof. Plan now for much higher heating bills this year.
DanDietrich said:
This isn't directly related, but natural gas prices are going through the roof. Plan now for much higher heating bills this year.
Are? It hasn't happened to me. My current October rate is the same as last January's, 33.20 cents per therm.
Besides, the major expense is not the gas. Its the delivery charge. For for us it's 72.97 cents.
definitely on the rise
https://ycharts.com/indicators/njnatural_gas_residential_price
drummerboy said:
definitely on the rise
https://ycharts.com/indicators/njnatural_gas_residential_price
Nice chart but doesn't reflect my NJNG gas bills from Jan and Oct:
Okay, I should have said "will", or probably just not have posted at all.
RTrent said:
Nice chart but doesn't reflect my NJNG gas bills from Jan and Oct:
I believe that NJNG’s and PSE&G’s gas rates are set annually, effective Oct. 1 to Sept. 30, pending approval by the state Board of Public Utilities. Wholesale costs are too volatile to adjust monthly. If the utilities take a beating on the rates they submitted for the year starting Oct. 1, 2021, they’ll incorporate a makeup increase when they submit their next annual request. I could be wrong, but this is my understanding.
(I don’t think the article that drummerboy linked to, or the USEIA forecast that it’s based on, accounts for this regulatory process.)
OK. How about this instead?
https://www.nj.com/news/2021/07/pseg-says-it-plans-to-cut-electric-rates-in-nj.html
Actually, it appears to depend on your supplier and your contract whether you pay a fixed priced or not.
https://www.nj.gov/bpu/commercial/shopping.html
One of the first things to ask about is the pricing options the supplier offers. Generally, these options fall into three categories: Fixed, floating and hybrid.
Fixed: Under this option, a customer pays a set, agreed-upon price for energy supplies throughout the term of the contract. Fixed price contracts can help customers save money if energy costs rise in the future. Conversely, customers may end up paying more under a fixed price option if energy costs decline.
Floating: Also known as variable pricing, this option allows the customer’s price to rise or fall on a monthly basis as it tracks the wholesale cost of electricity or natural gas. Generally, the customer’s price is a percentage of the wholesale cost, regardless of the direction in which the wholesale price moves.
Hybrid: This option is a combination of the fixed and floating options. In some cases, the customer pays a fixed price for part of the contract period, and a floating price for the remainder of the time. In other cases, a fixed price will apply to some percentage of the customer’s supplies and a floating price will apply to the rest.
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PSE&G Gas Upgrades Coming to Maplewood
Beginning on or around October 18, 2021, PSE&G will begin gas line replacements throughout Maplewood Township. Please read on for more information about this project:
As with any construction project, you may experience an increase in traffic, loud noise, and presence of heavy equipment and machinery. For more information on this project, as well as a video about the upgrade work, please visit pseg.com/gaswork. If you have any questions, please call 1-833-661-6200. If anyone in your household has a serious medical condition that may be aggravated by an interruption in gas service, please contact PSE&G immediately at 1-800-436-7734 (PSEG).
Additional information from PSE&G can be found below in both English and Spanish.
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