PSEG submitted a proposed Basic Gas Supply Service (BGSS) rate filing with the Board. PSEG is requesting a reduction in its BGSS rate from the current $0.401235 cents per therm (including losses and SUT) to a proposed $0.339858 cents per therm (including losses and SUT) requested to become effective October 1, 2016, through September 30, 2017. PSEG also proposed a reduction in its Balancing Charge, for the cost of providing storage and peaking services, from the current $0.093827 per therm (including losses and SUT) to a proposed $0.090369 per therm (including losses and SUT). PSEG is also requesting a decrease in the Storage Inventory Carrying Charge. The proposed charge is $0.004680 per therm (excluding losses and SUT) for the balancing portion and $0.006945 per therm (excluding losses and SUT) for the commodity portion. PSEG notes that its proposed rates, "may be subject to self-implementing rate increases of up to 5% on the ensuing December 1st and February 1st." PSEG included with its filing a Gas Supply Plan for service to residential customers that includes its: gas procurement objectives; current and forecasted gas service requirements; projected sources of capacity; affiliate relationships/asset management; hedging plan and strategy; and capacity releases/off-system sales. The full text of PSEG's BGSS Filing is available on the NEM Website.

As part of the Clean Energy Standard proceeding, the Commission announced it will convene a technical conference to, "discuss options and issues related to the procurement of and contracting for Renewable Energy Credits (RECs)." The conference will be take place June 9, 2016, beginning at 1:30pm in the Commission's 19th floor boardroom. A webcast will also be available. The technical conference is intended to provide a forum for parties to discuss options for the procurement and contracting for RECs to support renewable energy development financing, and also as the mechanism by which obligated entities can demonstrate compliance with the Clean Energy Standard. The full text of the Notice of Technical Conference is available on the NEM Website.