The state of New Jersey has approved energy-efficiency proposals, worth over $225 million, from three utilities.
The proposals are expected to slash energy usage and costs, to improve air quality, to cut emissions of greenhouse-gases, and to create around 1,000 new jobs over the next 18 months.
The three utilities involved in the energy-efficiency proposals are the New Jersey Resources Corporation’s New Jersey Natural Gas (costing $18.3 million), the South Jersey Industries’ South Jersey Gas (costing $17.12 million), and the Public Service Enterprise Group’s PSE&G (costing $190 million).
The proposals follow the economic stimulus plan announced by Jon Corzine, Governor of New Jersey, in the autumn of 2008. The plan calls for speeding up infrastructure and spending on energy-efficiency schemes. All of the major utilities of the state of New Jersey had already presented their plans earlier in 2009.
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