PSEG plans $3 billion in energy efficiency projects and 50,000 vehicle charging stations

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electric vehicle charging station

JAMES M. O’NEILL / NORTHJERSEY.COM – PSEG plans to spend nearly $3 billion over the next five years on programs to improve energy efficiency, reduce electric use and, in the process, combat climate change.

The company also hopes to spend $2.5 billion to continue a sweeping effort to make the utility’s infrastructure more resilient to withstand another Sandy-like storm. And it plans to devote $300 million to develop a network of charging stations throughout New Jersey for electric vehicles.

The new initiatives add to previously approved plans to invest between $11.5 billion to $13.2 billion by 2022 to upgrade aging transmission infrastructure and improve its natural gas distribution system …

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