PSEG analysis shows PSE&G energy efficiency programs generate USD 2.85 in economic output per USD 1 invested

PEG•2026-09-22

Economic impact findings

PSEG-commissioned economic impact analysis estimated 2025 energy-efficiency projects generated more than USD 1.15 billion in New Jersey economic output.

Modeling implied USD 2.85 of economic output per USD 1 invested, based on about USD 404.5 million of portfolio investment.

The study estimated about 4,737 jobs supported, with about USD 467 million in wages tied to program activity.

Related tax revenue was estimated at about USD 164 million across local, state, and federal levels.

Sources

PSEG analysis shows PSE&G energy efficiency programs generate USD 2.85 in economic output per USD 1 invested

Publicnow

PSEG analysis shows PSE&G energy efficiency programs generate USD 2.85 in economic output per USD 1 invested

Economic impact findings

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Sources

PSEG analysis shows PSE&G energy efficiency programs generate USD 2.85 in economic output per USD 1 invested

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