PSE&G Says It Will Lower Gas Heating Prices for Customers This Fall -- Market Talk

Dow Jones

06/05

10:08 ET -- Public Service Enterprise Group says it is planning to lower residential gas heating bills by 5% starting in October, despite climbing gas prices. The energy company says it monitors energy markets and forecasts demand to secure natural gas ahead of peak heating seasons. The long-term planning approach to procuring natural gas helps reduce the company's exposure to market volatility, PSE&G says. PSE&G says it buys much of its supply months or even years in advance. The announcement comes as the war in Iran continues to drive up gas and oil prices. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

June 05, 2026 10:08 ET (14:08 GMT)

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The energy company says it monitors energy markets and forecasts demand to secure natural gas ahead of peak heating seasons. The long-term planning approach to procuring natural gas helps reduce the company's exposure to market volatility, PSE&amp;G says. PSE&amp;G says it buys much of its supply months or even years in advance. The announcement comes as the war in Iran continues to drive up gas and oil prices. 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The long-term planning approach to procuring natural gas helps reduce the company's exposure to market volatility, PSE&G says. PSE&G says it buys much of its supply months or even years in advance. The announcement comes as the war in Iran continues to drive up gas and oil prices. (katherine.hamilton@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 05, 2026 10:08 ET (14:08 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}