N.J. utility board approves PSE&G energy efficiency programs
The New Jersey Board of Public Utilities on Wednesday approved a Public Service Electric & Gas plan to spend an additional $95 million on energy efficiency programs for health care facilities, multi-family housing and small urban businesses, government agencies and non-profits.
The New Jersey Board of Public Utilities on Wednesday approved a Public Service Electric & Gas plan to spend an additional $95 million on energy efficiency programs for health care facilities, multi-family housing and small urban businesses, government agencies and non-profits.
PSE&G has already invested $227 million on energy efficiency efforts for those sectors through the end of 2014, subsidizing hundreds of hospitals, schools, city halls, firehouses, community service organizations and apartment buildings to save energy and money. The new plan renews assistance to small business customers in 25 Urban Enterprise Zones while also continuing aid for government facilities and non-profits.
The cost of the program will be included in rates. The utility estimated the additional $95 million investment will save enough electricity to power more than 7,000 homes annually and save enough natural gas to supply nearly 3,000 homesa year.
215-854-2947 @maykuth