PSE&G

Approximately $143 million in funding available; BPU approves additional 51 megawatts to spur further development of solar energy systems

(November 10, 2009 - Newark, NJ) - Public Service Electric and Gas Company (PSE&G) today received approval from state regulators to expand its innovative solar loan program by approximately $143 million to finance the installation of an additional 51 megawatts of solar energy systems on homes, businesses and municipal buildings throughout its electric service area.    » read more »

Chocolate manufacturing plant starts taking full output from 2 MW solar garden

(November 9, 2009 - Hackettstown, N.J.) – Red, Yellow and Ms. Green M&M’S® Spokescandies mingled with government officials and executives from MARS and PSEG today at an event in Hackettstown celebrating the completion of a new solar garden. The project is the largest solar facility installed in New Jersey by a food manufacturing plant, and it is the first project completed by PSEG Solar Source, a subsidiary of PSEG.    » read more »

Newark, NJ – October 29, 2009 -- PSE&G has been selected as the winner of the 2009 SEPA Award for Solar Business Achievement in the category of “Innovation in Solar Program Design.” The award, given for the utility’s Solar 4 All program, was announced at the Solar Power International 2009 Conference yesterday in Anaheim, California. The Solar Electric Power Association (SEPA) is a non-profit resource for information about solar technologies, policies, and programs    » read more »

Site owners to be paid rent for the use of their property for utility-owned installations; Segment is part of a program that will double installed solar capacity in New Jersey

(October 12, 2009 - Newark, N.J.) PSE&G is soliciting proposals from developers and third-party-owned sites for the development of 5 megawatts of roof and ground-mounted solar systems to be owned by PSE&G and that will provide rental income to property owners. Solar developers, together with owners of real estate located in the utility’s electric service territory, will propose sites for solar installations. Owners will receive rent for roof-mounted, building-mounted, and ground-mounted solar systems installed on their properties and connected directly into the electric grid.    » read more »

Approval of $190 million program expected to create about 700 green jobs; Hospital segment to expand significantly

July 1, 2009 – Newark, NJ - Public Service Electric and Gas Company (PSE&G) today received approval to invest an additional $190 million to bring energy efficiency measures to residential customers, multi-family affordable housing units, municipal buildings and businesses such as cash-strapped hospitals.

Approved by the New Jersey Board of Public Utilities, the Energy Efficiency Economic Stimulus Program is expected to also boost the economy by creating an estimated 688 “green” utility and contractor jobs during the next two years.    » read more »

(June 12, 2009 - Newark, NJ) - PSE&G has been recognized by the solar industry for its game-changing innovations to expand the solar market that are models for replication around the country. The national award was presented at this week’s PV America conference in Philadelphia.

The company received an Industry Innovation award from the Solar Energy Industries Association (SEIA) to honor a company that is at the forefront of efforts to expand renewable generation and reduce carbon emissions. SEIA is the national trade group that represents the U.S. solar energy industry.    » read more »

Stephen Byrd to Become President and CEO of Energy Storage & Power (ES&P); Randall Mehrberg named chairman of ES&P and president of PSEG Energy Holdings

(June 10, 2009 – Newark, NJ) - PSEG and Energy Storage & Power, LLC (ES&P) jointly announced today that Stephen C. Byrd will become president and chief executive officer for ES&P, effective June 22.

Byrd will oversee ES&P’s efforts to bring the advanced, second generation compressed air energy storage (CAES 2) technology and related power augmentation to the market. The move is driven by PSEG’s belief in the value and need for energy storage technology and an increased commitment to see it successfully added to the nation’s energy mix.    » read more »

Company files for modest increases in electric and gas delivery charges to take effect next year

(Newark, NJ – May 29, 2009) Citing the continuing decrease in the wholesale cost of natural gas, PSE&G has proposed to lower residential gas bills this fall by about 7 percent, or about $10 per winter month for a residential gas customer using 100 therms. The company’s annual filing with the New Jersey Board of Public Utilities will result in the third bill decrease since January 1, 2009, for a total reduction of 18 percent, or $30, since October 2008.    » read more »

(May 21, 2009 - Newark, NJ) - Summer is nearly here, which will likely mean higher electric bills as people turn on fans and air conditioners to help keep cool. Demand for electricity can also increase if you have house guests or children home for the summer. The following tips can help you plan ahead and control energy costs:

• Use ceiling fans in the counter-clockwise direction to create a wind-chill effect, making you feel cooler. In addition, whole-house fans that bring in cooler night-time air can pre-cool a house and reduce energy use in the daytime if heat is kept out by closing windows and shades.    » read more »