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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, New Jersey's Clean Energy Program has included energy conservation programs in the mid-'80s to the mandatory Demand-Side Management (DSM) programs to the Standard Offer programs. For 2001 through 2006, Program activities have resulted in lifetime energy savings of over 16.8 million MWh of electricity; 48 million Dekatherms of natural gas; 1.6 million MWh of renewable generation, and 124,257 MWh of distributed generation from combined heat and power systems.

The table below shows the average cost of savings for New Jersey's Clean Energy Program, which is significantly below the cost that would have been incurred to generate or purchase an equivalent amount of electricity or natural gas.

Program Cost per kWh

The savings identified in the chart below accrue to New Jersey residences and businesses that installed energy efficiency or renewable energy measures in 2006. The energy savings produced by these measures also produce savings on infrastructure costs, reduce congestion on transmission and distribution lines, and increase reliability. The customer bill reductions in the table above do not include the avoided environmental costs of the reductions in air emissions, wastewater discharges, and waste generated.

Savings from 2005