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It’s a startling statement about what’s missing from the clean energy future discussion.
“Americans are spending $100 million a year on wasted energy from buildings — heating, cooling and other energy-efficient things,” said Susanna Chiu. And commercial buildings and residential buildings account for one-third of carbon emissions.
While many efforts are being made to transition to clean energy to cut carbon emissions, Chiu – executive director of Public Service Electric and Gas Operations – noted that energy conservation is being used in any form. , has great value.
Energy efficiency — preached for decades — has a big impact, she said.
At ROI-NJ’s latest webinar — “Energy Sustainability and Infrastructure” — PSE&G participant Chiu said the future is powered by less energy.
But she understood that the company cannot do it alone.
“That’s the vision that our whole company is moving toward,” she said. “We have this vision of getting to zero, but it requires everyone working together.”
“There should be economic incentives to help our customers use less energy through energy efficiency initiatives. PSEG and other electric and gas utilities in the state are obligated to meet electric and gas energy conservation goals.
“And, as we offer a wide range of programs and incentives to help homes and businesses reduce energy and lower their bills, it must be cost-effective — cost-effective for the state and the customer.
Christie McMullen, president of Elizabethtown Gas, a division of South Jersey Industries, is doing her part.
“This is a shared responsibility between utilities and our customers,” she said. “We want to be a resource for them. We’ve worked with the New Jersey Public Utilities Board to expand our energy efficiency programs by $216 million by 2021, and that will help our customers save more than $300,000 in energy costs over their lifetime. And we offer a variety of programs: 0% financing, pay-as-you-go , rebates and energy efficient equipment, and solutions for commercial and industrial customers.
Amy Craddick, chief operating officer of New Jersey Resources, said her group also has several programs.
“All utilities are working hard on this,” she said.
“Business can be an investment for them without a low monthly cost,” she said. “This is hard to contemplate, especially in times of inflation. They are making tough choices every day,” he said.
As a result, many utilities have 0% financing and billing structures — so no down payment is required, panelists said.
Rebecca Mollfried, a partner at Genova Burns, said she often works with clients to see the bigger picture.
“Some of them, how do I get paid? How do I do this? She said. But it helps them save money – that business and location can probably expand and hire more people or pay higher wages or offer better things.
Genova Burns consultant and former supervisor Ken Sheehan said he knows businesses can benefit.
“Taking care of your facilities and taking advantage of the programs already in place will go a long way,” he said.
From smart thermostats to more energy-efficient lighting and HVAC, Chiu He said there are too many programs in classes. Many don’t need upfront capital, she said.
“We want you to make this energy-efficient choice,” she said. “We know that businesses are struggling to get that initial capital to get these projects done.
“How can we do that? In addition to offering incentives to lower the cost of the device, we also charge on the bill. So, it’s a combination of what we offer, and what vendors in the market offer.”
We are working hard to develop an energy efficient economy.
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