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NJ · gas · GR26060278

New Jersey Natural Gas — 2026 general rate case

Bottom line

The case is pending; no settlement, recommendation, authorization, or exact next material date is published.

Case summary

New Jersey Natural Gas requested approximately $157.56 million in additional annual revenue. On June 30, 2026, the Board suspended the proposed rates through November 1, 2026 while it investigates the filing.

Latest development
Board suspended proposed rates and opened an investigation

Jun 30, 2026

Next event
No scheduled event

Not scheduled

Case stage

Regulatory process

investigation opened

  1. Filed

    Jun 1, 2026

  2. Testimony

    Not recorded

  3. Hearings

    Not recorded

  4. Briefing

    Not recorded

  5. Decision

    Not recorded

  6. Rates effective

    Not recorded

State rules

Base-rate reviews and adjustment mechanisms in New Jersey

This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.

Full base-rate review

Case-specific; program deadlines can apply

New Jersey does not use one recurring base-case interval for every utility. Board-approved infrastructure programs can require the participating utility to file its next base-rate case within five years or sooner.

Rate period: Normally established in the utility's base-rate filing; infrastructure-program recoveries remain provisional until prudence is reviewed in the next base case.

Governing rule ↗

Between full reviews

Infrastructure Investment Program

Annual or semiannual recovery

A Board-approved IIP permits accelerated recovery for qualifying in-service infrastructure through a separate tariff clause. Rates are provisional and the utility must return for a base case no later than five years after program approval.

Governing source ↗

Conservation Incentive Program

Periodic true-up

An approved CIP adjusts gas revenues for usage changes associated with conservation and weather, separating part of utility recovery from sales volume. Its terms are utility- and order-specific.

Governing source ↗
View the full New Jersey regulatory framework →

Current case economics

Economics

Filed request and any outcome captured in this docket.

MetricUtility requestCurrent case outcomeLike-for-like difference
Annual revenue increase

$157.56M

Annual utility request

Not available

No outcome yet

Rate base

$4,046.13M

Test year November 1, 2025 through October 31, 2026 · Jun 1, 2026

Not available

No outcome yet

Return on equity

10.1%

Test year November 1, 2025 through October 31, 2026 · Jun 1, 2026

Not available

No outcome yet

Common equity ratio

55.5%

Test year November 1, 2025 through October 31, 2026 · Jun 1, 2026

Not available

No outcome yet

Residential bill impact

23.7

Test year November 1, 2025 through October 31, 2026 · Jun 1, 2026

Not available

No outcome yet

Utility context

Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.

Annual revenue change

authorized · Prior authorized observation · Nov 21, 2024

$157M

Common equity ratio

authorized · Prior authorized observation · Nov 21, 2024

54%

Overall rate of return

authorized · Prior authorized observation · Nov 21, 2024

7.08%

Rate base

authorized · Prior authorized observation · Nov 21, 2024

$3,245.02M

Return on equity

authorized · Prior authorized observation · Nov 21, 2024

9.6%

Full docket record

2 events · 3 documents · 2 citations

View record
Last updated
Jul 20, 2026
Docket reviewed
Jul 20, 2026
Economics reviewed
Jul 20, 2026
Official documents
3
Evidence citations
2

Docket history

Material filings, hearings, orders, and effective dates.

  1. Jun 1, 2026

    Base rate petition filed

    official commission · completed

  2. Jun 30, 2026

    Board suspended proposed rates and opened an investigation

    official commission · completed

Documents

Docket and evidence documents linked to this proceeding.

NJBPU public docket — case-nj-bpu-gr26060278

official docket · direct ·

Open document ↗

NJBPU first suspension order for New Jersey Natural Gas 2026 base rate case

evidence · primary · Jun 30, 2026

Open document ↗

New Jersey Natural Gas 2026 base-rate filing

evidence · direct · Jun 1, 2026

Open document ↗

Citations

Field-level excerpts and review metadata supporting material facts.

New Jersey Natural Gas 2026 base-rate filing

utility rate case exhibit · Jun 1, 2026

NJBPU first suspension order for New Jersey Natural Gas 2026 base rate case

commission order · Jun 30, 2026

Raw observations

Stage-preserving economics and party positions as published in the canonical record.

MetricStagePartyPeriodValueEvidence
Annual revenue changeutility requestparty-utility$157.56M
Common equity ratioutility requestNew Jersey Natural Gas CompanyTest year November 1, 2025 through October 31, 202655.5%
Overall rate of returnutility requestNew Jersey Natural Gas CompanyTest year November 1, 2025 through October 31, 20267.6%
Rate baseutility requestNew Jersey Natural Gas CompanyTest year November 1, 2025 through October 31, 2026$4,046.13M
Residential monthly bill impactutility requestNew Jersey Natural Gas CompanyTest year November 1, 2025 through October 31, 202623.7
Return on equityutility requestNew Jersey Natural Gas CompanyTest year November 1, 2025 through October 31, 202610.1%