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WeCanDoThisCNJ t1_j213p0j wrote

BEFORE this cold snap my gas bill was $190. I’m going to get hosed when I pay at the end of January. But, the warnings about natural gas prices rising have been in the news for months. I expected this.

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reboot27 t1_j210jh5 wrote

Still in shock! And no notification of the increase has been provided. Btw, my provider is NJNG, Monmouth county.

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stickman07738 t1_j217vx8 wrote

My bill changes once per year - I am on the budget plan (same payment every month) and it has changed only +/- $20 over the years.

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thefudd t1_j234jdt wrote

I used to do this for convenience, but they were underbilling me for a while and then I suddenly had a $600 bill.

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stickman07738 t1_j23e5tn wrote

The most year-end adjustment I ever seen was like $100-120, and I also once got a credit for a similar amount.

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ansky201 t1_j23q8dk wrote

It's actually called the equal payment plan and it doesn't save you any money. It just spreads out the cost over the course of the full year. You're paying the same rates as everyone else. A lot of my neighbors use this plan and they get underbilled. I have seen people complain of "adjustments" over $1000 in some cases.

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stickman07738 t1_j23qjhq wrote

Exactly, you know cost and can budget your bills and not get a surprise.

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ShadowSwipe t1_j23uj7t wrote

Until you get the surprise $1000 adjustment at years end?

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stickman07738 t1_j23xjxy wrote

Never, for 19 years as I stated the most was plus or minus ~$100. On your bill, there is a line item for Equal Payment Plan, currently (November bill) for electric I have a credit of $233 (JCPL) and gas a credit of $28.60 (NJNG). I have a 2600 sq. ft home with an in-ground pool and two adults.

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EXIT_SUCCESS t1_j221m9o wrote

Go. On. The. BUDGET. PLAN... see your bill/acct for steps to sign up.

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6Emptybottles t1_j21lftr wrote

Its been on the news for months. Especially when gasoline skyrocketed and Ukraine got attacked, natural gas was going to get expensive. PSEG sent out the conservation alert Saturday because the grid was so stressed the natural gas supply was being limited. This bill could be the lowest bill we might get for the foreseeable future.

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Wouhob t1_j21lz0w wrote

Yupp. Approved in September by NJ BPU. 30% increase appx. Was at .49 per thermal now about .73 per thermal.

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Practical_Argument50 t1_j21wmzh wrote

A Therm roughly equals one gallon of fuel oil. $.73 is still much cheaper.

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Wouhob t1_j23ell7 wrote

Yeah, but we are talking about natural gas prices noting about home heating oil. I have no use for #2 fuel oil.

1 thermal is 100,000 btu, fuel oil has 130,000 BTU or so per gallon. Fuel oil punches a little more punch pound for pound. Generators get derated with the same block running on natural gas compared to fuel oil.

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Practical_Argument50 t1_j25byhh wrote

Another thing to consider. Fuel oil is priced with delivery included. The .49 - .73 is just the cost for the fuel. Distribution plus other fees brings my cost to about $1.72 a therm. That is the number that should be used to compare to Heating oil or Propane. What would be interesting would be the cost comparison for electric heating.

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big_top_hat t1_j266npv wrote

Electric would be about $4.06 per therm equivalent.

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the_chizness t1_j22oe1l wrote

Mine are much higher after Nj allowed Utility price increases back in September

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[deleted] t1_j21gxia wrote

[deleted]

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malbrecht92 t1_j22f135 wrote

I keep my house at 60 in the winter. I just prefer it cold. It helps keep my gas bill reasonable too as a bonus.

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BoujeeMomme t1_j238qdt wrote

OMG 55 degrees is way too cold for me. At the bare minimum it's gotta be at 70 nut with pricing to be going up then that probably will need to change and change soon ugh 🥺

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