PSE&G looking to invest $4B to advance New Jersey’s clean energy goals

USA, New Jersey: New Jersey’s largest regulated utility PSE&G is proposing a $4 billion investment plan to cut the state’s energy use and carbon emissions and advance the state’s bid to become a clean energy leader.

A six-year plan called Clean Energy Future will focus on energy efficiency programs, aiming to reduce the state’s energy consumption and cut electric power costs, reports CNBC.

PSE&G, which operates New Jersey’s transmission and distribution lines, believes the plan will save customers $7.4 billion.

Source: CNBC