New Jersey Natural Gas Files for Next Cycle of Energy-Efficiency Programs With Expanded Offerings

Building on its strong leadership in offering practical and effective energy-efficiency programs, New Jersey Natural Gas (NJNG) today filed with the New Jersey Board of Public Utilities (BPU) a proposed next generation of SAVEGREEN energy-efficiency offerings. Launched in 2009, SAVEGREEN provides energy efficiency solutions that meet the unique needs and budgets of residential and commercial customers — including low- and moderate income, multifamily, hospitals and municipalities. If approved by the BPU, the new SAVEGREEN program cycle is expected to begin January 1, 2025, and run through June 30, 2027.

The $482.4 million proposal will strengthen NJNG’s existing energy-efficiency offerings and provide comprehensive solutions to help participating customers save energy and reduce carbon emissions, while supporting New Jersey’s ambitious climate goals. The proposal includes $217.2 million for continued 0% APR on-bill repayment programs, which provide customers the opportunity to access energy-efficiency upgrades by eliminating the upfront cost barriers. If fully subscribed, SAVEGREEN will help participating customers save more than 94 million therms of natural gas. This program will prevent over 694,000 metric tons of CO2 from entering the atmosphere, the same as removing nearly 155,000 cars from New Jersey’s roads each year.

“Energy-efficiency is the engine that drives us toward our carbon emission reduction goals, while also providing energy savings for families and businesses,” said Steve Westhoven, president and chief executive officer of New Jersey Natural Gas. “These programs are cost-effective, help customers save on their energy bills and reduce carbon emissions by lowering energy usage. As the largest SAVEGREEN program proposal in NJNG’s history, this filing builds on our commitment to ensure equitable access to energy affordability and to provide practical emission-reduction solutions that address climate goals. We look forward to working with the BPU to put these programs to work for our customers and New Jersey.”

Building on Success

NJNG’s focus on providing successful energy-efficiency solutions has helped thousands of customers reduce their natural gas consumption. The proposed framework filed with the BPU strengthens NJNG’s existing energy-efficiency solutions, streamlining program offerings and increasing financing limits for qualifying equipment and comprehensive building measures, including those for low- and moderate-income customers, multifamily and public entities. It also proposes to expand NJNG’s recently launched Workforce Development Program, which provides free educational opportunities, technical training and certification to support and advance a clean energy workforce and economy.