Our Family of Companies / PSE&G / Energy Efficiency

Energy Efficiency

PSE&G is investing more than $300 million in energy efficiency, putting people to work and helping lower energy bills.  

There is no cleaner or cheaper kilowatt-hour than the one that is not used.

PSE&G’s commitment to energy efficiency is a key component of our commitment to combating climate change and kick starting New Jersey's economy.  This is why we are investing more than $300 million to help fund energy efficiency investments in places where they are needed most. 

PSE&G is spreading the benefits of energy efficiency to the residents of NJ cities and to institutions that are used by the community, like hospitals, schools, government offices and non-profits. These programs are aimed at customers that might not otherwise make investments in energy efficiency that could lower their energy bills due to the upfront costs and long pay-back times.

In addition to energy savings and environmental benefits, PSE&G’s program is helping to create good jobs at a time when they are greatly needed.

Our energy efficiency programs have helped PSE&G customers save more than 180 million kilowatt-hours of electricity, which is enough to power 25,000 homes for a year and 5,000,000 therms of natural gas, which is enough to supply 5,000 homes for a year.

The PSE&G programs match customers who would benefit from energy efficiency upgrades with initiatives that help pay for them:

There has been enormous response to these programs, applications exceeded available resources. The programs are now fully committed and we are not currently taking applications.

Energy Efficiency upgrades can include furnaces, hot water heater, boilers, chillers, motors, pumps, insulation, energy management systems, lighting, etc. Financial benefits include interest-free financing and on-bill repayment and could also include incentives up to 80% of the project’s cost.

Hospital Efficiency Program

$129M to help hospitals make substantial and ongoing energy efficiency improvements

They are more than 30 hospitals enrolled in the program

Helps cash-strapped hospitals focus on core mission by having the utility finance major energy efficiency upgrades

 

Direct Install for Government & Non-Profits

Helps government agencies and non-profits make needed upgrades at a time when budgets are tight

Provides significant energy efficiency upgrades to government facilities and non-profits, including city halls, schools, etc...

The program has already helped more than 500 government and nonprofit sites become more energy efficient, including more than 100 schools.

Helps government and non-profit dollars work harder by helping to hold the line on utility costs

 

Residential Multifamily Housing Efficiency Program

Helps make multifamily building in PSE&G service territory more energy efficient by helping to fund significant energy efficiency upgrades.

Helps building owners hold the line on energy costs while also allowing renters to realize the benefits of living in a comfortable, energy efficient building.

More than 300 buildings with more than 10,000 total apartments are currently enrolled in the program.

 

 

 

 

 

 

 

Innovative Award /
NJBiz Healthcare Hero

PSE&G won in the innovation category for its $129 million hospital energy efficiency initiative.


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