Approximately 500,000 customers and nearly 22,000 businesses have made energy-saving upgrades that reduce costs, contribute to local economic activity, and deliver long-term value across New Jersey communities.
PSE&G’s latest energy efficiency update shows continued progress in helping customers use energy more efficiently and manage utility bills, according to a statement from the utility. PSE&G said that since the launch of the current energy efficiency program in October 2020, approximately 500,000 customers have participated in PSE&G’s programs through December 2025.
$960M Savings, $1.4B Rebates
PSE&G programs are now delivering nearly $960 million in annual customer bill savings. The company has also provided approximately $1.4 billion in rebates to help reduce the upfront cost of energy-saving upgrades and products for residential and business customers.
This represents real, tangible savings for participating customers while also contributing to broader energy-efficiency benefits that support the state as a whole, PSEG said in a press release.
New Jersey’s largest utility EV program, from pilot to 28,000 chargers, was achieved by designing a customer-centric program, building cross-functional teams, and learning fast. Success required coordination across departments — not just technology.
Helping Customers Manage Energy Use and Costs
Customers continue to use energy-efficiency tools to better manage their energy use and keep energy costs as low as possible. Recent milestones include:
- More than 108,000 home energy assessments completed
- Nearly 364,000 smart thermostats purchased through the PSE&G Marketplace
- Approximately 154,000 rebates were provided for energy-efficient electric appliances and equipment
- More than 34,000 appliances were responsibly recycled
Rewards: Take a Look at Demand Response Programs
In addition, more than 32,000 customers are enrolled in our Demand Response programs, receiving an upfront reward and helping reduce strain on the electric grid a few times per year during peak-demand periods, such as the hottest days of the year, according to the statement.
Overall, these programs offer simple, practical ways to manage energy use, improve comfort, and make informed decisions about lowering energy bills.
Supporting NJ Jobs, Local Economic Activity
Approximately 22,000 businesses, including small businesses, schools, municipalities, and hospitals, have completed nearly 35,000 energy-saving projects with PSE&G support.
This includes work with more than 2,100 small businesses across the state. These projects help manage operating costs and free up resources that organizations can reinvest in their operations and the communities they serve.
Tackling Rising Operational Costs, Maintenance
Facing ongoing maintenance challenges and rising operating costs, the New Jersey Chamber of Commerce upgraded its historic headquarters through PSE&G’s Direct Install Program, one of the many offerings within our broader business energy efficiency portfolio.
“Participating in the program allowed us to modernize our historic headquarters in a way that made sense for our operations and our budget,” said Christine Lee, facilities manager for the New Jersey Chamber of Commerce.
“Before the upgrades, we were dealing with ongoing repairs and inefficiencies that created real uncertainty, especially during the winter months. Today, the building is more comfortable, more reliable, and more efficient, and we’re able to focus our time and resources on serving our members. Over time, the savings from these upgrades will allow us to reinvest more into our organization, Lee said.
Partnerships: Union Contractors, Trade Allies, Local
These upgrades, and the ongoing work to deliver them, are supported by a network of more than 1,000 trade allies, including more than 100 union-affiliated contractors who help implement energy efficiency improvements for customers, supporting jobs and sustaining economic activity across New Jersey.
To date, union labor has directly worked on more than $130 million in energy efficiency investments. Additionally, our energy efficiency programs have supported more than 9,300 clean energy careers, helping to build and sustain a skilled local workforce.
Community and Environmental Impact
Customer actions are also driving measurable environmental gains across communities. Current results show approximately 3.3 million MWh of annual electricity savings and 83 million therms of annual natural gas savings.
Together, these efforts help avoid more than 2.4 million metric tons of carbon emissions each year, equivalent to removing more than 530,000 gasoline-powered cars from the road annually. Electric savings alone are enough to power approximately 475,000 homes for one year, a clear demonstration of the scale of impact, PSE&G said in a statement.
“With nearly 500,000 customers participating and about $960 million in yearly savings, our energy efficiency programs are making a real difference for households and businesses across New Jersey,” said Lauren Thomas, vice president, Clean Energy Solutions – Customer Solutions, PSE&G.
“We’re focused on maintaining a stable, consistent program framework that supports the workforce, encourages continued investment, and allows us to build on this progress,” Thomas added.
Keeping Bills as Low as Possible
As energy needs continue to evolve, energy efficiency remains one of the most effective tools for helping customers better manage their energy use and keep their bills as low as possible.
PSE&G said it will continue working with stakeholders across the state to support this shared goal and maintain a stable, accessible framework that delivers long-term value for customers and communities.
Benefits of Electrifying Your Fleet
- Lower Fuel Costs: Electricity offers more stable fuel prices and better fuel economy, reducing overall fleet operating expenses.
- Enhanced Performance: Electric vehicles provide maximum torque and smooth acceleration, outperforming internal combustion engine (ICE) vehicles in various driving conditions.
- Reduced Maintenance: Electric vehicles require less maintenance than conventional vehicles, resulting in lower costs and increased uptime for your fleet.
- Flexible Charging Options: Charge your vehicles at dedicated fleet facilities or public charging stations, ensuring operational flexibility.
- Sustainability Goals: Achieve state and federal standards while reducing greenhouse gas emissions across your fleet.
- Noise Reduction: Minimize noise pollution in urban areas to make your fleet operations quieter and more community-friendly.
Customers can explore available programs at homeenergy.pseg.com for residential offerings or bizenergy.pseg.com for business programs.
“PSE&G’s EV program has energized tens of thousands of chargers across New Jersey — 28,000 as of October — with more to come. We’re preparing for the next frontier — medium- and heavy-duty vehicle electrification — which will require even greater innovation and stronger partnerships,” PSEG said..
About PSE&G
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).
PSE&G is New Jersey’s largest utility and a regulated utility delivering gas and electric service to areas where about 70% of the population resides. The company has 2.1 million electric customers and 1.7 million gas customers. Its service area covers 2,600 square miles of New