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Energy Master Plan


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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.

For 2001 through 2009, program activities have resulted in lifetime energy savings of over 26.6 million MWh of electricity; 80 million dekatherms of natural gas; 11.5 million MWh of renewable generation, and 1.9 million MWh of distributed generation from combined heat and power systems.  Additional information is available in the Clean Energy Program Annual Report.

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 saved in 2009
Program Cost
Lifetime Savings/Generation from Measures Installed in 2009
Average Cost of Savings per kWh
Average Retail Price
$168,164,200
11,813,046,971
$0.014
$0.130

 

The Overall Customer Bill Reductions Resulting from the NJ Clean Energy Program
 
Annual Energy Savings - Generation for 2009 Measures
Lifetime Energy Savings - Generation for 2009 Measures
Cumulative Lifetime Energy Savings - Generation for 2001 through 2009
Electricity (kWh)
830,828,000
8,728,622,000
39,976,149,000
Natural Gas (therms)
6,363,430
105,240,580
807,923,130
 
Annual Bill Reductions to NJ Energy Customers
Lifetime Bill Reductions to NJ Energy Customers
Cumulative Bill Reductions to NJ Energy Customers
Electricity @ $0.13 kWh
$108,007,640
$1,134,720,860
$5,196,899,370
Natural Gas @ $1.30/therm
$8,272,459
$136,812,754
$1,050,300,069
Total Customer Bill Reductions
$116,280,099
$1,271,533,614
$6,247,199,439

The savings identified in the chart below accrue to New Jersey residences and businesses that installed energy efficiency or renewable energy measures in 2009. 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.

Summary of energy savings that resulted from the energy efficiency programs implemented in 2009:

Savings from 2009 Energy Efficiency Programs
 
Actual
Committed
Total
Annual Savings from Measures Installed or Committed in 2009
kWh
462,162,000
126,698,000
588,860,000
kW
46,349
35,757
82,106
Therms
6,363,430
14,710,330
21,073,760
Lifetime Savings from Measures Installed or Committed in 2009
kWh
3,986,481,000
1,857,725,000
5,844,206,000
Therms
105,240,580
206,592,840
311,833,420
Cumulative Lifetime Savings from Measures Installed or Committed (2001-2009)
kWh
26,604,964,000
NA
26,604,964,000
Therms
807,923,130
NA
807,923,130

 

Summary of renewable energy generation that resulted from the renewable energy programs implemented in 2009:

Electric Generation from 2009 Renewable Energy Programs
 
Actual
Committed
Total
Annual Renewable Electric Generation from Measures Installed or Committed to in 2009
kWh
333,349,000
138,894,000
472,243,000
kW
76,778
115,744
192,522
Lifetime Savings from Measures Installed or Committed 2009
kWh
4,318,339,000
2,777,866,000
7,096,205,000
Cumulative Lifetime Savings from Measures Installed or Committed to (2001-2009)
kWh
11,488,257,000
NA
11,488,257,000

 

Summary of generation that resulted from combined heat and power systems installed or committed to in 2009:

Electric Generation from 2009 Combined Heat and Power (CHP) Program
 
Actual
Committed
Total
Annual Electric Generation from CHP Systems Installed or Committed to in 2009
kWh
35,317,000
123,895,000
159,212,000
kW
4,700
16,367
21,067
Lifetime Savings from CHP Systems Installed or Committed to in 2009
kWh
423,802,000
1,486,741,000
1,910,543,000
Cumulative Lifetime Savings from CHP Systems Installed or Committed to (2005-2009)
kWh
1,882,928,000
NA
1,882,928,000