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PSEG Trumpets Customer Energy Efficiency Savings (Ind. Report)
PSEG Long Island
Date: 2020-01-08
PSEG Long Island is reporting its energy efficiency initiatives and energy efficiency improvements have saved its business and residential customers an estimated $280 million on their energy bills in the last six years. According to the utility, energy savings are the result of upgraded lighting, appliances, heating and cooling systems, and other energy-efficiency modifications that resulted in $265 million in rebates, in addition to the $280 million in estimated energy savings.

The utility claims the effort saved 1.6 billion kilowatt hours of energy since Jan. 1, 2014, the equivalent of powering 191,530 homes for one year. Business customers saved money in the past six years by completing 20,000 energy efficiency projects, which earned them a collective $161 million in rebates and incentives, according to PSEG Long Island. The installed energy conservation measures are expected to save 633 million kWh in annual energy savings. (Source: PSEG, PR, Long Island Bus. News, 6 Jan., 2020) Contact: PSEG Long Island, , Michael Voltz, Director of Energy Efficiency and Renewables, www.psegliny.com

More Low-Carbon Energy News PSEG Long Island,  Energy Efficiency ,  


Stony Brook Scores $79Mn for Energy Efficiency Upgrades (Funding)
Stony Brook University ,New York Power Authority
Date: 2019-08-23
Stony Brook University, part of the SUNY system, is reporting receipt of $79 million in comprehensive energy efficiency upgrades funding from New York State.

The improvements, part of an initiative by SUNY and the New York Power Authority, would reduce greenhouse gas emissions by 28,000 tpy and save the university roughly $6 million per year in energy and maintenance costs, according to a release.

Funded energy efficiency upgrades include: lighting, HVAC, and building management systems in various campus buildings such as residence halls, science buildings and hospital.

The university previously received more than $500,000 in energy efficiency rebates from PSEG Long Island, according to the statment. (Source: Stoney Brook Univ., Long Island Business News, Aug., 2019) Contact: Stoney Brook University, www.stoneybrook.edu

More Low-Carbon Energy News Stony Brook University ,  SUNY,  New York Power Authority,  


PSEG Plans Net-Zero Carbon Emissions by 2050 (Ind. Report)
PSEG
Date: 2019-07-26
In the Garden State, Newark-based Public Service Enterprise Group Incorporated (PSEG), which claims one of the lowest carbon emissions rates among the largest U.S. power producers, reports it expects to cut its power fleet's carbon emissions by 80 pct by 2046, from 2005 levels, and attain net-zero carbon emissions by 2050, assuming advances in technology and public policy. PSEG also notes it has no plans to build or acquire new fossil-fueled power plants and is committed to reporting annually on sustainability and climate using the Task Force on Climate-related Financial Disclosures (TCFD) framework, starting in 2020.

PSEG claims a long history of addressing climate change as an embedded part of its business and culture including:

  • PSEG's emission rate in 2017 was 461 lb/MWh, below the International Energy Agency's (IEA) "Beyond 2C Scenario" 2030 projected CO2 emission rate for the U.S. electric sector of 510 lb/MWh. PSEG's projected emission rate upon the completion of our coal exit strategy will be 334 lb/MWh.

  • PSEG's Salem and Hope Creek nuclear generating plants supply more than 90 pct of the Garden State's emissions-free power.

  • By 2021, PSEG will have retired or exited through sales more than 2,400 MW of coal-fired generation, thus nearing completion of its coal exit strategy. In June 2019, PSEG announced an agreement to sell its interest in the Keystone and Conemaugh coal plants in western Pennsylvania.

  • PSE&G energy efficiency programs are currently saving participants $242 million a year in energy costs and avoided emissions equal to removing 37,000 cars from the road for one year.

  • Looking forward, PSE&G's $2.5 billion Clean Energy Future investment proposal for 22 energy efficiency programs would allow participating customers to save $5.9 billion on their bills by helping them use less energy and reduce carbon emissions.

  • PSEG is also a leading developer of solar energy resources having invested approximately $1.8 billion in 674 MW of solar, including 262 MW in New Jersey and 412 MW in 13 other states. PSEG also supports New Jersey's efforts to develop offshore wind facilities.

    PSEG is a publicly traded diversified energy company with approximately 13,000 employees. Headquartered in with operating subsidiaries -- Public Service Electric and Gas Company (PSE&G), PSEG Power and PSEG Long Island. (Source: PSEG, PR, 25 July, 2019) Contact: PSEG, Ralph Izzo, Pres., CEO, www.corporate.pseg.com

    More Low-Carbon Energy News PSEG,  Carbon Emissions ,  


  • Tendril Tapped for PSEG Customer Engagement, Behavioral Energy Efficiency Program (Ind. Report)
    PSEG Long Island ,Tendril
    Date: 2018-05-18
    Boulder, Colorado-based demand side management (DSM) analytics platform provider Tendril reports it has been selected by PSEG Long Island as its Behavioral Energy Efficiency (BEE) and customer engagement partner.

    Tendril's suite of behavioral energy efficiency and demand management products include: home energy reports, customer engagement portals, high usage alerts, assessments that can be completed by the homeowner or facilitated by an auditor to collect information on appliance type and electricity usage across a range of areas.

    PSEG Long Island operates the Long Island Power Authority's (LIPA) transmission and distribution system under a 12-year contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Incorporated , a publicly traded diversified energy company with annual revenues of $9.1 billion. (Source: Tendril, PR, 17 May, 2018) Contact: Tendril, Adrian Tuck, CEO, www.tendrilinc.com; Long Island Power Authority, Tom Falcone, CEO, (631) 755-6900, www.lipower.org; PSEG Long Island, Michael Voltz, Director of Energy Efficiency and Renewables, Dan Eichhorn, VP Customer Services, www.psegliny.com

    More Low-Carbon Energy News Long Island Power Authority,  PSEG Long Island ,  Tendril,  Energy Efficiency,  

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