In fall and winter, when utility bills typically increase, customers aren’t just paying to heat their homes — according to a report by the media company ProPublica, people are also shelling out money for surcharges added by utility companies, such as PSE&G, to pay for things like investments and upgrades. (PSE&G is an underwriter of NJTV News.)
NJTV News Business Correspondent Rhonda Schaffler spoke with ProPublica reporter Talia Buford about these surcharges, up to at least 16 separate charges by ProPublica’s count, that many people may not notice on their bill.
“These have come over the course of years, really over the last decade and it’s a way for the company, the utility to recoup its money in a way that protects their bottom line and shifts that risk over to your pocket,” said Buford.
For the average customer, these surcharges can add $35 to $45 to a yearly bill.