Public Service Electric & Gas Co. on Monday agreed not to report its 2 million customers’ payment histories to a credit-rating agency.
The New Jersey Division of Rate Counsel sued in November, 2010, to block the utility’s proposal, which PSE&G said was needed to curb delinquencies.
“Under the laws of this state, PSE&G has no right to disclose individual customer information to a third party without their consent,” said Rate Counsel Director Stefanie Brand. “This type of practice could harm all ratepayers, and opens up the floodgates on utility disclosure of personal information.”
