New Jersey Natural Gas Receives Approval for NJ RISE Infrastructure Program
$102.5 Million Program to Enhance System Resiliency
WALL, N.J. -- July 23, 2014
New Jersey Natural Gas (NJNG) received approval today from the New Jersey
Board of Public Utilities (BPU) for its New Jersey Reinvestment in System
Enhancements (NJ RISE) program. Through NJ RISE, NJNG will invest $102.5
million for six capital projects designed to enhance the resiliency of its
natural gas distribution and transmission systems and help mitigate the impact
of major weather events in the future. NJNG filed for these upgrades in
response to the BPU’s March 20, 2013 Board Order seeking proposals to support
and protect New Jersey’s utility infrastructure so it may better withstand the
effects of future storms.
“Superstorm Sandy caused an unprecedented amount of damage throughout New
Jersey, especially in Monmouth and Ocean counties -- the heart of our service
territory," said Laurence M. Downes, chairman and CEO of New Jersey Natural
Gas. “The storm hardening and mitigation investments approved under NJ RISE
will minimize the impacts of extreme weather events on our customers and
improve the resiliency of our system.”
Due to the extensive damage caused by Superstorm Sandy, NJNG was forced to
curtail service from Bay Head to Seaside Park and Long Beach Island in Ocean
County, as well as isolated areas of coastal Monmouth County. NJNG
re-pressurized or replaced 270 miles of main, installed one mile of 12-inch
main, addressed 3,600 anomalies, rebuilt or replaced 51,000 meters, completed
121,000 service assessments and restored service to every customer who was
safely able to accept it less than eight weeks after the storm.
Comprised of six system enhancement projects, NJ RISE is designed to help
mitigate the impacts to NJNG’s system and customers from future extreme
weather events. The projects include: the installation of 1.5 miles of
distribution main in Sea Bright as a secondary feed; the moving of a regulator
station off the barrier islands and installation of a new high-pressure feed
to Mantoloking; the installation of a secondary feed from Toms River to the
South Seaside Peninsula; the installation of six miles of distribution main as
a secondary feed to Long Beach Island; the installation of a supplemental
regulator station on Long Beach Island and the installation of approximately
35,000 excess flow valves, which restricts the flow of natural gas when there
is a change in pressure on the service line, in potential storm-affected
areas. These upgrades will help minimize the number and duration of outages,
improve NJNG’s ability to respond to and control service disruptions and
enhance the safety and reliability of its system.
There will be no change to customers’ bills this winter. In the fall of 2015,
NJNG will seek to recover costs associated with NJ RISE through an adjustment
to its base rates. Additional cost recovery will be addressed in NJNG’s next
base rate case scheduled to be filed no later than November 15, 2015.
About New Jersey Resources
New Jersey Resources (NYSE:NJR) is a Fortune 1000 company that provides safe
and reliable natural gas and clean energy services, including transportation,
distribution and asset management. With annual revenues in excess of $3
billion, NJR is comprised of five primary businesses:
*New Jersey Natural Gas is NJR’s principal subsidiary that operates and
maintains 7,000 miles of natural gas transportation and distribution
infrastructure to serve half a million customers in New Jersey’s Monmouth,
Ocean and parts of Morris and Middlesex counties.
*NJR Energy Services manages a diversified portfolio of natural gas
transportation and storage assets and provides physical natural gas
services and customized energy solutions to its customers across North
*NJR Clean Energy Ventures invests in, owns and operates solar and onshore
wind projects with a total capacity in excess of 85 megawatts, providing
residential and commercial customers with low-carbon solutions.
*NJR Midstream serves customers from local distributors and producers to
electric generators and wholesale marketers through its equity ownership
in a natural gas storage facility and a transportation pipeline, both of
which are Federal Energy Regulatory Commission, or FERC-regulated
*NJR Home Services provides heating, central air conditioning, standby
generators, solar and other indoor and outdoor comfort products to
residential homes and businesses throughout New Jersey and serves
approximately 119,000 service contract customers.
NJR and its more than 900 employees are committed to helping customers save
energy and money by promoting conservation and encouraging efficiency through
Conserve to Preserve^® and initiatives such as The SAVEGREEN Project^® and The
For more information about NJR:
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Michael Kinney, 732-938-1031
Joanne Fairechio, 732-378-4967
Dennis Puma, 732-938-1229
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