PSE&G Encourages NJ’s Working Families to Apply for Special Tax Credit

PSE&G Encourages NJ’s Working Families to Apply for Special Tax Credit

Company reminds taxpayers that many people are eligible, including foster parents, grandparents, and even some individuals without children Information available at PSE&G Customer Service Centers and at local agencies


Newark, NJ–/PRNewswire-HISPANIC PR WIRE/–February 29, 2008–With the tax season in progress, PSE&G is encouraging all eligible New Jersey families and individuals to apply for the 2007 Earned Income Tax Credit (EITC), a program aimed at assisting low and moderate income workers.

The EITC is offered by both the state and federal government. The special credit reduces the amount of taxes owed by eligible workers and sometimes also provides a tax refund. Getting the word out about this tax credit is important because it will help keep money in the pockets of state residents who need it most.

Many people who qualify for this tax credit are unaware it exists or confused as to how to apply for it. New parents, foster parents, and grandparents raising grandchildren all may be eligible. Some families, including those raising children with disabilities and those in the military, don’t know that special rules may make them eligible.

As a result, the state of New Jersey has launched a public awareness campaign to promote the tax benefit and urge all eligible residents to take advantage of the program. The New Jersey Department of Human Services-Division of Family Development, PSE&G, the Association for Children of New Jersey, and the Internal Revenue Service are working together to spread the word.

PSE&G has funded the printing and distribution of 125,000 flyers and has distributed campaign materials to more than 100 state and local agencies around the state. In addition, each of PSE&G’s 16 customer service centers (locations are listed in customer bills) has available a listing of the free tax preparation sites. These sites offer help to low and moderate-income people (generally those earning less than $40,000) who need assistance preparing their tax returns.

“Outreach and tax assistance play an important role in connecting New Jersey’s low-income workers to tax credits,” said Eileen Leahey, PSE&G’s manager of payment assistance outreach. “If we increase the number of New Jersey families benefiting from the EITC by just 10%, our efforts will have paid off.”

In 2005, nearly 500,000 families and individuals in New Jersey received more than $880 million in federal EITC benefits. Approximately 195,000 of those received an additional $113 million in state EITC benefits. The average federal credit was $1,869; the average state credit amounted to $557.

Depending on their income, individuals who worked in 2007 may qualify for the credit regardless of whether they are married or whether they have children.

For more information on the Federal EITC, call 1-800-829-1040 or visit

For more about the New Jersey EITC, call 1-888-895-9179 or visit

Details of where to go for free tax preparation assistance are available by dialing 211, New Jersey’s non-emergency help line. Information also is available at social service agencies and from PSE&G’s 16 Customer Service Centers.

Public Service Electric and Gas Company (PSE&G) is New Jersey’s oldest and largest regulated gas and electric delivery utility, serving nearly three-quarters of the state’s population. PSE&G is the winner of the ReliabilityOne Award for superior electric system reliability. PSE&G is a subsidiary of Public Service Enterprise Group Incorporated (PSEG) (NYSE: PEG), a diversified energy company (

PSE&G Encourages NJ’s Working Families to Apply for Special Tax Credit