NEWARK, N.J. (AP) - New Jersey's largest utility company believes customers will pay less for electricity and natural gas even if the company gets permission to spend $4 billion to upgrade its system over the next decade.
Public Service Electric & Gas says residential customers will pay $1 less a month in 2018 than they do now if natural gas prices remain at current levels.
PSE&G announced last month its plan for a series of major upgrades to try to insulate its infrastructure from being kept offline by future storms.
The company gave more details Wednesday, saying bills would go up slightly over the next two years before dropping in 2016 and 2017.
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Saturday, May 18 2013 7:49 AM EDT2013-05-18 11:49:20 GMT
An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
Friday, May 17 2013 8:53 PM EDT2013-05-18 00:53:52 GMT
The New Jersey Sports and Exposition Authority has approved the master plan for the American Dream megamall in the Meadowlands sports complex. The approval at Friday's special board meeting means the
The New Jersey Sports and Exposition Authority has approved the master plan for the American Dream megamall in the Meadowlands sports complex. The approval at Friday's special board meeting means the
Friday, May 17 2013 2:13 PM EDT2013-05-17 18:13:33 GMT
An Internet celebrity known on Facebook and YouTube as "Kai the Hatchet Wielding Hitchhiker" was arrested in connection with the killing of an elderly Clark, N.J., man.
An Internet celebrity known on Facebook and YouTube as "Kai the Hatchet Wielding Hitchhiker" was arrested in connection with the killing of an elderly Clark, N.J., man.
Friday, May 17 2013 1:09 PM EDT2013-05-17 17:09:46 GMT
Powerball's estimated jackpot has soared to a record $600 million dollars for Saturday's drawing because of brisk sales across the states involved in the lottery.
Powerball's estimated jackpot has soared to a record $600 million for Saturday's drawing because of brisk sales across the states involved in the lottery. The lump-sum cash value of the jackpot is an estimated $376.9 million.
Friday, May 17 2013 12:39 PM EDT2013-05-17 16:39:46 GMT
A couple was found shot dead inside a park in Montclair, N.J.
A couple was found shot dead inside a park in Montclair, N.J. Police say they were responding to calls about shots fired when they discovered the bodies of Shanae Q. Howard, 24, of Orange and Brandon Brown, 26, of Montclair. The couple were found near a bench in Canterbury Park at around 10 p.m. on Thursday. A weapon was recovered at the scene.
Friday, May 17 2013 7:05 AM EDT2013-05-17 11:05:50 GMT
Thirty-seven claims have been filed in federal court in Newark over the crash of a commuter ferry in New York City that left dozens of passengers injured.
Thirty-seven claims have been filed in federal court in Newark over the crash of a commuter ferry in New York City that left dozens of passengers injured.
Thursday, May 16 2013 6:06 PM EDT2013-05-16 22:06:34 GMT
A smuggling ring that made a fortune selling more than a million cartons of untaxed cigarettes in New York may have funneled some of the illicit proceeds to terrorist groups, authorities said.
A smuggling ring that made a fortune selling more than a million cartons of untaxed cigarettes in New York may have funneled some of the illicit proceeds to terrorist groups, authorities said.
Thursday, May 16 2013 4:28 PM EDT2013-05-16 20:28:43 GMT
Gov. Chris Christie has announced plans to use $300 million in federal funding to buy out homeowners whose properties have flooded repeatedly, especially during Superstorm Sandy.
Gov. Chris Christie has announced plans to use $300 million in federal funding to buy out homeowners whose properties have flooded repeatedly, especially during Superstorm Sandy.
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