Potential identified for big energy efficiencies in NJ

energy, lightbulbs, green, new jersey

TOM JOHNSON / NJ SPOTLIGHT – New Jersey has the possibility of cutting its electricity use by 20 percent and its gas use by 11 percent by the end of the next decade, according to a new draft analysis of the state’s energy efficiency potential.

The study by Optimal Energy, an analysis expected to form the basic outline of a more comprehensive statewide policy for reducing energy use, found a portfolio of new energy efficiency programs could produce a net benefit savings of $14 billion.

The Murphy administration has identified slashing energy consumption in New Jersey as a key component of its overall goal of transforming the state to 100-percent clean energy by 2050. A law Gov. Phil Murphy signed a year ago mandates the state’s electric utilities to reduce use by customers by 2 percent a year, and gas customers by 0.75 percent annually …

go to article

LEAVE A REPLY

Please enter your comment!
Please enter your name here