Opinion: The $14 billion key to clean energy in New Jersey

Energy efficient insulation

FRANKLIN NEUBAUER / NJ SPOTLIGHT – One of the pillars of New Jersey’s transition to clean energy and the best way to keep energy affordable is energy efficiency. Attention being devoted to the new Energy Master Plan (EMP) should not prevent state government from acting decisively this year to gain benefits worth billions of dollars from energy efficiency between 2020 and 2029. However, to incentivize the electric and gas utilities to create aggressive new programs to save energy, including in periods of peak demand, as required by the 2018 Clean Energy Act, the Board of Public Utilities (BPU) must first rule on how it will implement energy efficiency provisions in the new law. As summer months have passed with no related announcements from the BPU, prospects for decisive action are unclear …

Franklin Neubauer is a consultant specializing in energy efficiency.

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