Statewide Economic Impact
Energy efficiency delivers measurable savings while helping residential and business customers manage utility costs and supporting New Jersey’s broader energy and economic goals.
Why it matters:
- Helps customers across income levels manage utility bills.
- Includes targeted offerings for low- and moderate-income households.
- Produces verifiable energy and bill savings across customer classes.
- Costs less than adding new power generation while delivering immediate value.
- Supports sustained job creation and economic activity statewide.
Impact to date*:
- To date, nearly 525,000 customers have participated in energy efficiency programs.
- More than $1 billion in annual customer utility bill savings.
- 2.5 million metric tons of carbon emissions avoided, equivalent to removing more than 550,000 gasoline-powered cars off the road for one year.
- To date, approximately $1.1 billion in rebates have been provided to help offset the upfront cost of energy-saving upgrades/products.
- More than 11,000 careers supported through PSE&G’s energy efficiency programs to date.
* Data reflects PSE&G energy efficiency program results from October 2020 through March 2026, based on the company’s latest reported program results. Careers supported metric reflects data through June 2026
See the Impact in Action
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Hear from a customer who recently participated. |
Supporting Resources
Explore the impact
Access case studies, videos, summaries, and updates that highlight how our energy efficiency programs are delivering results across New Jersey.
Impact summary
Videos
Case studies
- Montclair Public Library Case Study
- Saint Joseph Hospital Case Study
- Case study of the Boys & Girls Club of Paterson and Passaic (BGCPP)
- Carvel Case Study
Press releases
- PSE&G Energy Efficiency Programs Surpass $1 Billion in Annual Customer Savings
- PSE&G's energy efficiency programs help its customers save nearly $960 million a year.
- PSE&G supports the continued benefits of energy efficiency for customers and the community over the 2.5-year period.