PSE&G Honored for Energy Efficiency Work at New Jersey Hospitals
(NEWARK, N.J. –February 4, 2019) – The Association of Energy Service Professionals (AESP) recently recognized the Public Service Electric and Gas Company (PSE&G) Hospital Efficiency Program with its Energy Award for Outstanding Achievement in Non-residential Program Design & Implementation. The award recognizes exemplary creative thinking, new approaches and problem-solving in the energy efficiency industry and was presented at the AESP’s 29th Annual Conference & Expo in San Antonio, Texas.
The PSE&G Hospital Efficiency Program is a $199 million effort that funds the installation of energy conservation measures at hospitals and healthcare facilities in PSE&G’s New Jersey service territory. PSE&G provides up-front funding for the total cost of the energy efficiency improvements and interest-free, on-bill repayment for the hospital’s share of the costs, which is typically between 30 percent and 40 percent of the total.
“Hospitals in our service territory anchor their communities and are a vital resource for the residents they serve,” said Karen Reif, vice president – renewables and energy solutions, PSE&G. “It’s an honor to be recognized for the significant impact that our Hospital Efficiency Program is having in New Jersey’s hospital and healthcare sector in terms of energy and cost savings as well as improved hospital environments.”
Work has been completed at 36 hospitals, with an average annual energy cost savings of more than $400,000 per hospital. The program has also saved enough kilowatt-hours of electricity to power more than 10,000 homes for a year and enough natural gas to supply more than 3,000 homes for a year. The initiative has garnered interest from almost every hospital in PSE&G’s service territory and currently has a waiting list of facilities that want to participate in the program.
“Energy efficiency and demand-side management programs represent a vital component of the energy industry,” said John Hargrove, AESP CEO. “In AESP’s role as a leader of the energy efficiency industry, with these awards we celebrate these companies and congratulate them for their leadership roles in moving the industry forward and driving users of energy toward smarter methods of consumption.”
PSE&G recently filed a Clean Energy Future proposal with the New Jersey Board of Public Utilities to make critical investments in clean energy and advanced technology that would position New Jersey as a national leader in energy efficiency and jump-start other clean energy priorities.
“We’ve proposed extensive investments in energy efficiency, electric vehicle charging infrastructure, energy storage and advanced metering technologies,” said Reif. “As part of these investments, PSE&G seeks to continue bringing the benefits of energy efficiency to even more hospitals and healthcare facilities as well as colleges and municipalities.”
Founded in 1989 as a not-for-profit association, AESP is a member-based association dedicated to improving the delivery and implementation of energy efficiency, demand-side management and demand response programs. AESP provides professional development programs, access to a network of energy practitioners, and promotes the transfer of knowledge and experience.
Public Service Electric and Gas Co. (PSE&G) is New Jersey’s oldest and largest gas and electric delivery public utility, serving nearly three-quarters of the state’s population. PSE&G is the winner of the ReliabilityOne Award for superior electric system reliability as well as the 2018 Outstanding Customer Reliability Experience Award. PSE&G is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a diversified energy company. PSEG has been named to the Dow Jones Sustainability Index for North America for 11 consecutive years.