PSE&G Energy Efficiency Programs Deliver More Than $1.15 Billion in Economic Output Across New Jersey - And $2.85 for Every $1 Invested
Key Highlights
- ➤2025 projects generated more than $1.15 billion in total economic output
- ➤Every $1 invested generated $2.85 in economic output
- ➤Programs supported approximately 4,737 jobs across New Jersey
- ➤Projects generated approximately $467 million in related wages
- ➤Programs produced approximately $164 million in related tax revenue
Expert Statements
Lauren Thomas, Vice-president, PSE&G Clean Energy Solutions - Customer Solutions
“Energy efficiency starts with delivering real value for our customers.”
Lauren Thomas, Vice-president, PSE&G Clean Energy Solutions - Customer Solutions
“These findings show that the value of the programs extends beyond bill savings to support economic activity across New Jersey, creating benefits for businesses, workers and communities throughout the state.”
NEWARK, NJ / ACCESS Newswire / October 8, 2026 / PSE&G's energy efficiency programs are helping participating customers save energy and manage costs while also generating broader economic benefits across New Jersey, according to a new economic impact analysis conducted by E Source.
Commissioned by PSE&G, the analysis found that every $1 invested in the utility's energy efficiency program generated $2.85 in economic output. Projects completed in 2025 generated more than $1.15 billion in total economic output. The analysis also found approximately $467 million in associated wages and $164 million in local, state and federal tax revenue across New Jersey.
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