NJNG files with NJBPU for 8.9% customer bill reduction and $950M rate recovery

New Jersey Natural Gas submitted filings providing 8.9% bill savings ($158 annually per residential customer) for winter 2026-2027 while seeking base rate increases of 12.7% to recover $950 million in system reliability investments. The filings demonstrate rate management strategy balancing near-term customer savings with long-term infrastructure cost recovery.