New Jersey Natural Gas Files with the Board of Public Utilities to Implement "SAFE" Program

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New Jersey Natural Gas (NJNG) today filed a petition with the New Jersey Board of Public Utilities (BPU) seeking to implement a Safety Acceleration and Facility Enhancement program to replace certain portions of its existing infrastructure that is aged and presents the highest safety risk. This $204 million capital investment program will help replace the cast iron and unprotected steel distribution lines, along with all associated services and meters, in NJNG's delivery system by approximately 343 miles, or 60 percent, over five years.

27% profit every 20 days?

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