The 480,000 PSE&G customers participating in the company's energy efficiency programs collectively saved over $900 million on their utility bills over a five-year period, according to PSE&G’s latest Clean Energy Future-Energy Efficiency report.
These savings reflect a broad range of energy efficiency offerings designed to help customers use less energy and better manage utility costs. Offerings include energy assessments, appliance and HVAC rebates, lighting solutions, equipment upgrades, and energy efficiency products available through the PSE&G Marketplace.
Additional program highlights in the CEF-EE report include:
- More than 105,000 home energy assessments completed
- Nearly 350,000 smart thermostats sold via PSE&G Marketplace
- Approximately 150,000 rebates claimed for upgrades to energy-efficient appliances
- Approximately $940 million in rebates delivered to help offset the cost of energy-saving upgrades and products
- More than 30,000 old appliances recycled through the PSE&G recycling program
Energy efficiency plays an important role for PSE&G’s business customers across New Jersey. PSEG offers a range of solutions that support businesses of all sizes in improving operational efficiency and managing energy use and utility costs. These programs also provide incentives that help offset the cost of energy efficiency upgrades and give businesses greater flexibility to reinvest resources into other operational priorities.
Approximately 20,000 businesses have implemented more than 32,000 projects to help improve energy efficiency and manage energy use as part of PSE&G’s energy efficiency programs. This includes 2,000 smaller businesses that participated in the Direct Install Program, which typically involves lighting or commercial HVAC projects that are eligible for on-bill repayment. This resulted in nearly $25 million in utility bill savings for these small businesses.
St. Joseph’s Health, for example, is undertaking energy efficiency projects at its facilities in Paterson and Wayne. Supported by PSE&G incentives, these projects are expected to help reduce energy use and manage operating costs over time.
“Every dollar we’re not spending on energy is a dollar we can put back into patient care,” said Scott Reilly, Director of Maintenance and Engineering at St. Joseph’s Health.
Residential and business customers participating in PSE&G’s energy efficiency programs achieved approximately 3.1 million megawatt hours of electric savings annually, enough to power about 453,000 homes. Natural gas savings are approximately 80 million therms per year.
Combined, these efforts are helping to avoid approximately 2.3 million tons of carbon emissions avoided annually, equivalent to removing more than 500,000 gasoline-powered cars from the road for one year, the CEF-EE report said.
“Energy efficiency is one of the tools we use to help customers reduce energy use and manage their utility costs,” said Lauren Thomas, Vice President of Clean Energy Solutions at PSE&G. “Maintaining affordability and enhancing the customer experience remain central to this work. The investments we make through these programs largely flow back into New Jersey, supporting local businesses, contractors and trade allies while delivering value for customers.”
In addition to customer and business impacts, energy efficiency investments also support workforce development across New Jersey. Through PSE&G’s sponsored Clean Energy Jobs Program, these efforts have helped place more than 7,300 workers into clean energy careers.
For more information on PSE&G’s energy efficiency programs, visit homeenergy.pseg.com for residential customers or bizenergy.pseg.com for business customers.
