About Us > Press Room > 2015 > Natural Gas Remains the Most Affordable Energy Choice for Elizabethtown Gas Customers


Natural Gas Remains the Most Affordable Energy Choice for Elizabethtown Gas Customers

UNION, NJ – March 4, 2015 – As part of an ongoing effort to provide the best energy value to customers, Elizabethtown Gas today announced its customers will receive their second refund in three months.

Elizabethtown Gas will provide refunds totaling $10 million to residential and small commercial customers, starting in March 2015. The amount each customer will receive varies based on their natural gas usage over a 12-month period. For example, a typical heating customer who uses 1,000 therms annually will receive approximately $44, inclusive of taxes.

This refund is in addition to the refund customers received in January. Both were a result of lower than projected natural gas costs. Elizabethtown Gas purchases gas supplies for its customers without markup, and recovers the costs it incurs through the Basic Gas Supply Services (BGSS rate), which is adjusted to reflect changes in market conditions.

“While natural gas prices remain at historic lows, we have taken considerable steps to reduce gas costs and maximize the value of our gas supply assets to benefit our customers,” said Brian MacLean, president of Elizabethtown Gas. “We are pleased to pass along additional cost savings to our customers, particularly during the winter months when they are using more natural gas to stay warm and comfortable.”

In order to provide greater savings, Elizabethtown Gas is encouraging customers to participate in programs that can help them manage their energy costs: 

  • The Elizabethtown Gas Budget Plan is a bill management program that minimizes the "peaks and valleys" in bills by allowing customers to pay the same amount every month for a 12-month period.
  • Elizabethtown Gas also has an online account management tool called My Account that analyzes energy use and compares past and present usage.

For more information about the refund and bill management programs, visit the Elizabethtown Gas website at www.elizabethtowngas.com.

About Elizabethtown Gas

Elizabethtown Gas, a wholly owned subsidiary of AGL Resources (NYSE: GAS), provides natural gas delivery service to approximately 279,000 residential, business and industrial natural gas customers in New Jersey. In operation since 1855, the company serves parts of Union, Middlesex, Sussex, Warren, Hunterdon, Morris and Mercer counties. For more information, visit www.elizabethtowngas.com.

About AGL Resources

AGL Resources (NYSE: GAS) is an Atlanta-based energy services holding company with operations in natural gas distribution, retail operations, wholesale services and midstream operations. AGL Resources serves approximately 4.5 million utility customers through its regulated distribution subsidiaries in seven states. The company also serves approximately 630,000 retail energy customers and approximately 1.2 million customer service contracts through its SouthStar Energy Services joint venture and Pivotal Home Solutions, which market natural gas and related home services. Other non-utility businesses include asset management for natural gas wholesale customers through Sequent Energy Management and ownership and operation of natural gas storage facilities. AGL Resources is a member of the S&P 500 Index. For more information, visit www.aglresources.com.

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