Beginning immediately, NJNG will work to identify companies in Monmouth, Ocean and Morris counties that currently use or plan to use NGVs in their fleet operations, such as waste hauling vehicles, buses and delivery trucks, to host the refueling stations. These facilities could be private companies or public and municipal entities. NJNG will install, own and maintain the infrastructure, and the host company will be required to make the station open to the public and use initially at least 20 percent of the refueling capacity.Customers will not see any change to their bill in 2012 resulting from today’s approval. NJNG will submit a cost recovery filing to the BPU in the first quarter of 2013, requesting a base rate change. A portion of the proceeds from the utilization of the CNG equipment, along with any available federal and state incentives, will be credited back to the ratepayers to help offset the cost of this investment. The total anticipated impact for the average residential customer using 1000 therms annually will be no more than three-tenths of one percent, or approximately $3.50 This investment will also serve to bolster the economy by creating and retaining both direct and indirect job opportunities. Building new refueling infrastructure provides construction work along with the growth opportunities for equipment manufacturers, and increased demand for natural gas vehicles necessitates increased vehicle production and sale, all of which provides direct and indirect economic benefits for local businesses and suppliers. New Jersey Natural Gas is the principal subsidiary of New Jersey Resources (NJR), a Fortune 1000 company, that provides reliable energy and natural gas services including transportation, distribution and asset management in states from the Gulf Coast to the New England regions, including the Mid-Continent region, the West Coast and Canada, while investing in and maintaining an extensive infrastructure to support future growth. With over $2.5 billion in annual revenues, NJR safely and reliably operates and maintains 6,800 miles of natural gas transportation and distribution infrastructure to serve nearly half a million customers; develops and manages a diverse portfolio of 1.6 Bcf/day of transportation capacity and over 62 Bcf of storage capacity; and provides appliance installation, repair and contract service to nearly 150,000 homes and businesses. Additionally, NJR holds investments in midstream assets through equity partnerships including Steckman Ridge and Iroquois. Through Conserve to Preserve®, NJR is helping customers save energy and money by promoting conservation and encouraging efficiency. For more information about NJR, visit www.njliving.com.