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Published: Sunday 01 September, 2013

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In a filing with the state Board of Public Utilities yesterday, PSE proposed spending $45.9 million on a range of projects aimed at helping residents and businesses cut back on the amount of electricity and gas they use each day, a step the utility said would help reduce customers bills.



The Newarkbased company proposes to conduct energy audits, install programmable thermostats, improve attic insulation and retrofit lighting at homes and businesses in Newark and Trenton, and later, other urban areas. The program eventually would reach 30,000 customers.



The initiative is the first by a New Jersey utility since Gov. Jon Corzine signed a controversial bill at the start of the year aimed at curbing greenhouse gases by allowing utilities to invest in energy conservation and renewable energy projects. PSE request supersedes a previous filing in which the utility sought to spend $5 million to help lowincome customers and businesses in urban areas reduce their energy use.



Under the new mk bags factory outlet progr mk bags factory outlet am, PSE would recover its investment through a small energy surcharge on every customers bill. I mk bags factory outlet n the first year, the new charge would add about 42 cents annually to a typical residential customers gas bill and 12 cents to a typical electric bill.



The legislation permitting utilities to participate in conservation and renewable energy projects was controversial because it includes a decoupling provision that allows the companies to raise rates to make up for reduced revenue caused by the conservation efforts.



PSE filing does not include a decoupling provision, company officials said.



The legislation rightly recognizes the important role utilities like PSE can play in helping customers use energy more efficiently, said Ralph LaRossa, PSE president and chief operating officer. Its clear that meeting our states goals to reduce harmful carbon emissions will take more than just talking about conservation.



Stefanie Brand, New Jerseys ratepayer advocate, said her office generally supports conservation efforts by utilities, though she has yet to examine the specifics of PSE proposal.



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