State Agency Green-Lights Discounts to Big Gas Customers

September 13, 2011 – In The News
NJ Spotlight

The state agency responsible for overseeing gas rates has decided it is OK to allow larger customers to negotiate discounts with New Jersey utilities, as long as the agreement is reviewed by the Board of Public Utilities (BPU).

"It's good policy," said Steven Goldenberg, who represents the New Jersey Large Energy Users Coalition, a group representing pharmaceutical companies and manufacturers. Since the state deregulated the gas and electric monopolies, Goldenberg said there has been recognition that "the board can play an effective role through ratemaking in economic development."

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