Public Service Electric and Gas has agreed to withdraw a proposal to report customer payment histories to credit reporting agencies as part of a settlement with the state’s rate payer counsel.
The rate counsel had petitioned the state Board of public Utilities to block the reporting to Experian, citing state regulations that prohibit the reporting of customer information to a third party.
PSE&G agreed not to go forward with the plan in exchange for the withdrawal of the rate counsel’s petition.
“The laws of this state are very clear,” said Rate Counsel Director Stefanie Brand. “PSE&G has no right to disclose individual customer information to a third party without the customer’s consent. Today’s settlement reaffirms this important consumer protection.”