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Program Savings and Benefits

New Jersey's Clean Energy Program produces significant energy bill reductions for the state's consumers. Over the years, the scope has included energy conservation programs in the mid-'80s to the mandatory Demand-Side Management (DSM) programs to the Standard Offer programs.

The savings identified in the chart below accrue to New Jersey residences and businesses that installed energy efficiency or renewable energy measures in fiscal year 2015 (which ended on June 30, 2015). The energy savings produced by these measures also produce savings on infrastructure costs, reduce congestion on transmission and distribution lines, and increase reliability.

Savings from FY 2015 Energy Efficiency Programs
 
Actual
Committed
Total
Annual Savings from Measures Installed or Committed in FY 2015
MWh
473,959
293,714
767,673
kW
113,987
163,180
277,167
Therms 983,169
910,469
1,893,638
Lifetime Savings from Measures Installed or Committed in FY 2015
MWh
6,637,672
4,673,626
11,311,298
Therms
17,123,563
17,190,768
34,314,332

 

Summary of renewable energy generation that resulted from the renewable energy programs implemented in FY 2015:

Electric Generation from FY 2015 Renewable Energy Initiatives
 
Actual
Committed
Total
Annual Renewable Electric Generation from Measures Installed or Committed
MWh
217,860
499,378
717,238
Lifetime Savings from Measures Installed or Committed
MWh
4,357,200
9,987,560
14,344,760

 

Summary of generation that resulted from combined heat and power/fuel cell systems installed or committed to in FY 2015:

Electric Generation from FY 2015 Combined Heat and Power/Fuel Cell Program
 
Actual
Committed
Total
Annual Electric Generation from Systems Installed or Committed
MWh
46,135
101,378
147,743
kW
5,770
12,548
18,318
Lifetime Savings from Systems Installed or Committed
MWh
496,417
1,867,908
2,364,325

 

Additional savings data can be found in the annual financial reports.

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