• PSEG filed to cut residential gas heating bills 5% effective Oct. 1, 2026, targeting lower winter costs for nearly 1.9 million New Jersey customers.
• Gas procurement will emphasize buying supply months or years ahead of peak demand to limit exposure to winter price spikes.
• Planning includes continued use of natural gas storage to buy when prices are lower, then deploy supply during high-demand periods.
• Sourcing strategy centers on keeping about 90% of residential gas supply tied to Pennsylvania’s Marcellus Shale to reduce transport costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PSEG - Public Service Enterprise Group Inc. published the original content used to generate this news brief on June 05, 2026, and is solely responsible for the information contained therein.