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.
The savings identified in the chart below accrue to New Jersey residences and businesses that installed energy efficiency or renewable energy measures in fiscal year 2015 (which ended on June 30, 2015). The energy savings produced by these measures also produce savings on infrastructure costs, reduce congestion on transmission and distribution lines, and increase reliability.
Savings from FY 2015 Energy Efficiency Programs | |||
Actual
|
Committed
|
Total
|
|
Annual Savings from Measures Installed or Committed in FY 2015 | |||
MWh |
473,959
|
293,714
|
767,673
|
kW |
113,987
|
163,180 |
277,167
|
Therms | 983,169 |
910,469
|
1,893,638
|
Lifetime Savings from Measures Installed or Committed in FY 2015 | |||
MWh |
6,637,672
|
4,673,626
|
11,311,298
|
Therms |
17,123,563
|
17,190,768
|
34,314,332 |
Summary of renewable energy generation that resulted from the renewable energy programs implemented in FY 2015:
Electric Generation from FY 2015 Renewable Energy Initiatives |
|||
Actual
|
Committed
|
Total
|
|
Annual Renewable Electric Generation from Measures Installed or Committed | |||
MWh |
217,860
|
499,378
|
717,238 |
Lifetime Savings from Measures Installed or Committed | |||
MWh |
4,357,200
|
9,987,560
|
14,344,760
|
Summary of generation that resulted from combined heat and power/fuel cell systems installed or committed to in FY 2015:
Electric Generation from FY 2015 Combined Heat and Power/Fuel Cell Program | |||
Actual
|
Committed
|
Total
|
|
Annual Electric Generation from Systems Installed or Committed | |||
MWh |
46,135
|
101,378
|
147,743
|
kW |
5,770
|
12,548
|
18,318
|
Lifetime Savings from Systems Installed or Committed | |||
MWh |
496,417
|
1,867,908
|
2,364,325
|
Additional savings data can be found in the annual financial reports.