NEWARK, N.J., Nov. 18, 2015 /PRNewswire/ -- PSEG is planning for the next generation's energy needs – with a strong focus on constantly improving how we provide energy solutions for our customers and the larger society around us.
The PSEG 2015 Sustainability Report is our seventh annual Sustainability Report. The report highlights our progress in key areas such as strengthening vital infrastructure, creating a more resilient energy system and further improving access to the benefits of energy efficiency and renewable solar power.
An update toward our progress includes:
- We've been investing over $2 billion a year in critical infrastructure upgrades – bringing our customers the benefits of improved reliability and hardening our electric and gas systems against severe weather while creating thousands of jobs.
- On top of the need to modernize our systems, society is increasingly demanding cleaner energy – and everyone is looking for ways to lower their energy bills. Since 2009, PSE&G has invested over $300 million in energy efficiency programs – saving enough electricity to power 30,000 homes and enough natural gas to supply 6,500 homes a year.
- We are also tackling the challenge of developing renewable energy in ways that are affordable in the short term but help secure our energy future over the long term. We're proud to have helped make New Jersey a leader in solar energy.
Check out the latest Energize! blog post by Ralph Izzo, PSEG's chairman, president and chief executive officer, which details how PSEG is working towards a sustainable future.
Public Service Enterprise Group (NYSE: PEG) is a publicly traded diversified energy company with annual revenues of approximately $11 billion. Its operating subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power, and PSEG Long Island.
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SOURCE Public Service Enterprise Group (PSEG)