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New Jersey utilities board authorizes $300m infrastructure investment program
Investors - JUNE 14, 2019

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New Jersey utilities board authorizes $300m infrastructure investment program

by Released

The New Jersey Board of Public Utilities has authorized Elizabethtown Gas, a subsidiary of SJI to implement a $300 million, five-year infrastructure investment program (IIP).

Commencing July 1, the IIP will begin the replacement of approximately 250 miles of vintage cast-iron and bare-steel mains and related services, as well as the installation of excess flow valves on new service lines.

There is no proposed impact to customer bills at this time.

“Our 295,000 customers trust us to provide safe, reliable, affordable natural gas service, and this program reinforces our commitment to them,” said Christie McMullen, president of Elizabethtown Gas. “The IIP prioritizes methane emissions reductions and enhances our long-term system reliability, ensuring we can continue to safely meet the needs of our customers, who rely on us to cost effectively heat their homes, warm their water and cook their meals.”

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