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PJM Interconnection has worked behind the scenes for the past 90 years to ensure that the nation’s largest power grid is reliable and its wholesale power prices are competitive. Recently, light was shined on that accomplishment, with U.S. Rep. Ryan Costello, industry leaders and state and federal regulators, including Commissioner...
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The New Jersey Board of Public Utilities, (BPU) announced that New Jersey's solar industry has hit two significant milestones in surpassing 80,000 solar projects completed across the Garden State and their combined installed solar energy capacity exceeding the 2.25 gigawatts (GW) mark. As detailed in the August 2017 New Jersey Solar...
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The New Jersey Board of Public Utilities (BPU) approved a Public Service Electric and Gas Company (PSE&G) proposal to extend three popular energy efficiency programs and implement two new ones. PSE&G will invest $69 million to continue its Hospital Efficiency Program, Residential Multifamily Housing Efficiency Program and Direct...
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When it comes to public policies that contribute to New Jersey’s high cost of doing business, employers will most often point to healthcare, taxes and regulations as the biggest contributors, and rightly so. But energy costs are not far behind.
New Jersey’s overall electric costs are the 10th highest in the country. Even though...
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Newark-based Lime Energy Co., a leading national provider of energy efficiency products and services to utilities and their commercial customers, announced that it has appointed Philip Luccarelli as Chief Operating Officer.
With over 25 years of management and operations experience, Luccarelli will oversee all Lime Energy’s...
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Construction input prices rose for the fourth consecutive month in March, increasing by 0.3 percent on a monthly basis and 4.4 percent on a yearly basis, according to analysis of US Bureau of Labor Statistics data released by Associated Builders and Contractors (ABC). Nonresidential construction input prices performed similarly,...
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New Jersey Resources today announced the appointment of Nancy A. Washington of Sea Girt as senior vice president and general counsel. In this role, Washington will be responsible for developing and directing the corporate legal function and overseeing corporate compliance.
“We are very pleased to welcome Nancy Washington to our...
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Public Service Enterprise Group (PSEG) today said that it plans to invest approximately $15 billion over the next five years upgrading its energy infrastructure. PSEG reaffirmed its 2017 earnings guidance of $2.80 to $3.00 per share.
Speaking at the company’s Annual Investor Conference in New York, Ralph Izzo, PSEG chairman,...
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Dear New Jersey Leader:
I’m pleased to start the new year by sharing some great news on a number of fronts. Bills for PSE&G’s residential gas customers are dropping for the seventh straight year; our $1.2 billion infrastructure upgrades are making New Jersey “Energy Strong;” we received approval to build more solar farms...
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Anticipation: This best describes the US business climate as executives and entrepreneurs alike wait for policy changes – on various fronts – that President-elect Donald Trump will attempt to make after he takes office on January 20. Healthcare, infrastructure investment, international trade agreements, immigration, job creation and...
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Working closely with Environmental Defense Fund and Google Earth Outreach, Newark-based Public Service Electric & Gas (PSE&G), New Jersey’s largest utility, is reducing methane leaks from its natural gas distribution system much faster than before, thanks to new technology developed by EDF, Google and Colorado State University....
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North Plainfield-based commercial real estate services firm Levin Management Corporation (LMC) has announced the completion of a rooftop solar panel installation project at 1001 Spruce Office Center, the office component of Capitol Plaza in Ewing. LMC serves as exclusive managing and leasing agent for the 360,000-square-foot Mercer...
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Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp., is committed to providing safe, reliable and affordable power to 1.1 million residential and commercial business customers in 236 municipalities throughout New Jersey.
Over the past 10 years JCP&L has invested more than $2.5 billion on enhancing...
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New Jersey Natural Gas (NJNG) is the principal subsidiary of New Jersey Resources (NYSE: NJR), a Fortune 1000 company. As a lifeline service provider, for over 60 years NJNG has kept customers’ homes warm and businesses running throughout Monmouth and Ocean counties as well as parts of Burlington, Middlesex, Morris and Sussex...
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PSEG is proud of its strong partnership with the people of New Jersey. For more than 100 years, PSEG has played an essential role in providing the energy to fuel New Jersey’s economy and support the quality of life enjoyed by the state’s residents.
Yet the company isn’t resting on its laurels. “We believe energy utilities...
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