South Jersey Gas Receives Approval of Its Largest Ever Energy Efficiency Program
ATLANTIC CITY - South Jersey Gas, a subsidiary of SJI, today announced that the company received New Jersey Board of Public Utilities (NJBPU) approval to significantly expand its energy efficiency program, providing increased energy and cost-saving opportunities for residential, commercial, & industrial customers.
The $307 million energy efficiency program consists of $167 million of direct investment, $125 million in financing options and $15 million in operation and maintenance expenses. The new program cycle will begin January 1, and run through June 30, 2027.
The program positions South Jersey Gas to meet or exceed its annual energy consumption reduction targets set by the New Jersey Clean Energy Act.
Fully subscribed, the program could help customers save $221 million in energy costs and more than 80 million therms over its lifetime, which equates to preventing the release of over 467,000 tons of carbon dioxide into the atmosphere – the same as removing over 100,000 cars from New Jersey roadways for a year.
Since 2009, South Jersey Gas has invested more than $220 million in energy efficiency programs.
“SJI and our subsidiaries remain committed to providing safe, reliable, affordable energy to our over 735,000 natural gas customers throughout the State. By prioritizing energy efficiency, we aim to provide customers with energy-saving tools and resources that help reduce emissions and drive positive environmental outcomes,” said Melissa Orsen, President, SJI Utilities, and Chair of the NJUA Board.
South Jersey Gas will offer residential, multifamily, commercial and industrial energy efficiency programs that will encourage all customers, regardless of customer type or income, to reduce energy usage and save money.
The programs include rebates and on-bill repayment options for energy efficiency equipment upgrades, an efficient products marketplace featuring discounted smart thermostats, free weatherization measures for moderate-income customers, and tailored solutions for commercial and industrial customers.
Moreover, South Jersey Gas will expand its recently launched Workforce Development Program, which provides free educational opportunities, technical training, and certification to support and advance a clean energy workforce and economy.
“In line with the NJBPU and the New Jersey Clean Energy Act, we are committed to making significant strides in championing a cleaner energy future for the State," Orsen said.
For more information about South Jersey Gas Energy Efficiency Programs, visit southjerseygas.com/save or call 1.866.604.5728.
“This initiative is designed to provide practical, cost-effective solutions that will not only help lower energy bills for our customers, but also contribute to a reduction in emissions; fostering a more sustainable future for our communities and our environment," added Brent Schomber, President & COO, South Jersey Gas.