Elizabethtown Gas Requests Robust Expansion of Energy Efficiency Programs

Rhea-AI Summary

Elizabethtown Gas, a subsidiary of SJI, has filed a request with the New Jersey Board of Public Utilities to expand its energy efficiency programs starting July 2021, proposing investments of approximately $100 million. This initiative aims to deliver about $185 million in customer bill savings, avoid 576,670 tons of CO2 emissions, and create over 2,000 jobs within three years. The program will feature a variety of incentives for residential, commercial, and industrial customers to reduce energy usage and costs.

Positive

• Proposed investment of approximately $100 million for energy efficiency programs.
• Estimated $185 million in customer bill savings over three years.
• Expected creation of over 2,000 jobs.
• Reduction of 576,670 tons in CO2 emissions.

Negative

• None.

Aligning Clean Energy Investments with State Environmental Goals, Helping Customers Save Money and Generating Jobs In New Jersey

Union, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Media Contact:  609-561-9000 x4496
Media@sjindustries.com

FOR IMMEDIATE RELEASE                             

Elizabethtown Gas Requests Robust Expansion of Energy Efficiency Programs
 Aligning Clean Energy Investments with State Environmental Goals, Helping Customers Save Money and Generating Jobs In New Jersey

UNION, NJ, September 28, 2020 – Elizabethtown Gas (ETG), subsidiary of SJI (NYSE:SJI), announced that the company filed a request with the New Jersey Board of Public Utilities (NJBPU) seeking to expand the company’s energy efficiency programs for three years, beginning in July 2021, with proposed investments totaling approximately $100 million. In its filing, ETG also proposed a Conservation Incentive Program (CIP) that eliminates the link between usage and margin, putting ETG in a stronger position to help customers manage their energy bills.

The filing represents the company’s commitment to the State’s climate priorities, advancing New Jersey’s clean energy goals in a manner that will benefit customers, the environment and the State’s green economy. The implementation of the proposed program is expected to result in approximately $185 million in customer bill savings, 576,670 tons in avoided CO2 emissions and the creation of over 2,000 jobs over 3-years.

“We are committed to providing equal access to energy efficiency for all customers, facilitating job creation in New Jersey and helping to reduce carbon emissions,” said Christie McMullen, President and Chief Operations Officer, Elizabethtown Gas.  “The breadth of incentives proposed in our energy efficiency program filing will help our customers lower their energy bills and make better-informed decisions about their energy usage.”

As proposed, ETG will offer a comprehensive suite of residential, commercial and industrial energy efficiency programs that will encourage all customers, regardless of customer type or income, to reduce energy usage and save money. The programs include on-bill repayment and rebates for energy efficiency equipment upgrades, an efficient products marketplace featuring discounted smart thermostats, free weatherization measures for low to moderate-income customers, free energy audits, and tailored solutions for commercial and industrial customers.

For more information about the ETG Energy Efficiency Programs, visit  elizabethtowngas.com/save or call  800.242.5830.

Customers experiencing difficulty paying their bills, including customers financially impacted by the COVID-19 pandemic, are encouraged to contact us to determine their eligibility for energy assistance programs and deferred payment arrangements. For additional details on these programs, including eligibility requirements, visit elizabethtowngas.com/energyassistance.

About Elizabethtown Gas
Elizabethtown Gas, subsidiary of SJI (NYSE: SJI), delivers safe, reliable, and affordable natural gas and promotes energy efficiency to approximately 300,000 residential, commercial, and industrial customers in parts of Union, Middlesex, Sussex, Warren, Hunterdon, Morris, and Mercer counties. For six years in a row, Elizabethtown Gas has ranked Highest in Customer Satisfaction With Residential Natural Gas Service in the East among Midsize Utilities by J.D. Power. For more information, visit elizabethtowngas.com.

             

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FAQ

What is the investment amount proposed by SJI's subsidiary Elizabethtown Gas for energy efficiency programs?

Elizabethtown Gas proposed an investment of approximately $100 million.

What are the expected customer savings from the energy efficiency programs announced by SJI?

The energy efficiency programs are expected to generate about $185 million in customer bill savings.

How many jobs does Elizabethtown Gas plan to create through its new programs?

Elizabethtown Gas expects to create over 2,000 jobs over three years.

What environmental impact is projected from Elizabethtown Gas's energy efficiency programs?

The programs aim to avoid approximately 576,670 tons of CO2 emissions.

When will the proposed energy efficiency programs by SJI's subsidiary start?

The proposed energy efficiency programs are set to begin in July 2021.