Economic

Making Energy Affordable

Economic leadership means providing energy at a fair, reasonable price. We work diligently to find economical ways to provide the energy our New Jersey and Long Island customers need at the most affordable cost.

Since 2009, PSE&G customers’ electric bills have remained flat, while natural gas bills have declined more than 50 percent. In addition, PSE&G has invested more than $400 million in energy efficiency programs to help our customers find new ways to further reduce their bills.

PSE&G’s residential gas customers have reaped the benefits of plentiful natural gas supplies with lower gas prices. In 2016, PSE&G reduced its residential gas rates for the seventh consecutive year. Since 2009, we have reduced residential customers’ bills by 51 percent, saving the typical customer more than $850 a year. In addition, PSE&G has issued bill credits totaling $775 million, or approximately $580 per typical customer. 

PSE&G’s energy efficiency programs have helped customers save more than 180 million kilowatt-hours of electricity, which is enough to power 25,000 homes for a year and 5 million therms of natural gas, which is enough to supply 5,000 homes for a year.

From Home Energy Assessments to rebates, PSEG Long Island is helping PSEG's Long Island customers lower bills and save energy.