PSE&G’s latest Clean Energy Future-Energy Efficiency (CEF-EE) report demonstrates continued savings for customers across the Meadowlands area and New Jersey.
From program implementation in October 2020 through September 2025, nearly 480,000 customers participated in PSE&G’s energy-efficiency programs. Collectively, that participation is delivering more than $900 million in annual customer savings, PSE&G said in a press release.
Business Customers Benefit
Approximately 20,000 businesses have implemented more than 32,000 projects to improve energy efficiency and manage energy use through our energy efficiency programs. Among small businesses, approximately 2,000 have participated in our Direct Install Program, resulting in nearly $25 million in annual utility bill savings for those customers.
One example is St. Joseph’s Health, which is undertaking energy efficiency projects at its facilities in Paterson and Wayne, New Jersey. 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.
Program Impact and Affordability
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, giving customers multiple ways to act based on their needs and preferences.
Energy efficiency is important for PSE&G’s business customers across New Jersey, serving organizations of all sizes. We offer a range of solutions to help businesses improve operational efficiency and manage 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 in other operational priorities.
- Nearly 350,000 smart thermostats sold via PSE&G Marketplace
- More than 105,000 home energy assessments completed
- 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
- Approximately $940 million in rebates delivered to help offset the cost of energy-saving upgrades and products
- More than 30,000 appliances recycled through the PSE&G recycling program
Program Impact and Affordability
Across both residential and business customers, participation in PSE&G’s energy efficiency programs has also contributed to energy and environmental outcomes. To date, customers have achieved approximately 3.1 million megawatt-hours of annual electric savings, enough to power about 453,000 homes.
Natural gas savings are approximately 80 million therms per year. Combined, these efforts help avoid approximately 2.3 million tons of carbon emissions annually, equivalent to removing more than 500,000 gasoline-powered cars from the road.
Owned by PSE&G, the Kearny Generating Station is a peaking power plant on the banks of the Riverbend of the Hackensack River in South Kearny, New Jersey. It comprises 10 simple-cycle combustion turbines totaling 456 MW and is part of the PJM Interconnection’s Eastern Interconnection grid electric transmission system.
As affordable energy remains a concern, growing regional electricity demand will continue to strain the energy system. PSE&G stands ready to work with the state on near- and long-term solutions, including energy efficiency, as well as additional power generation and transmission and distribution solutions to support reliability and help maintain stable energy costs.
“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 – Customer 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.”
Supporting Workforce Development
In addition to customer and business impacts, energy-efficiency investments support workforce development across New Jersey. Through PSE&G’s sponsored Clean Energy Jobs Program, these efforts have helped place more than 7,300 individuals in clean energy careers, supporting the skilled workforce needed to deliver energy-efficiency projects and serve customers across the state.
PSE&G aims to be a trusted energy advisor, providing customers with resources and tools to help better manage utility costs and make more informed decisions about energy use. For more information on PSE&G’s energy efficiency programs, visit homeenergy.pseg.com for residential customers or bizenergy.pseg.com for business customers.
About Public Service Electric & Gas Co.
Public Service Electric & Gas Co. is New Jersey’s oldest and largest gas and electric delivery public utility, as well as one of the nation’s largest utilities. PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 24 consecutive years.
In 2025, for the fourth consecutive year, J.D. Power named PSE&G number one in customer satisfaction for residential electric service in the East among large utilities. PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company named to the Dow Jones Sustainability Index for North America for 17 consecutive years (www.pseg.com).