The late Yogi Berra once said, “It’s tough to make predictions, especially about the future.” I agree with Yogi’s wise words. No one knows for certain what the future will bring. But at PSEG we always try to plan for the next generation’s energy needs – with a strong focus on constantly improving how we provide energy solutions for our customers and the larger society around us.
For more than 100 years we’ve built an energy system dedicated to keeping the lights on and gas flowing safely and reliably to serve our customers. That’s not going to change. But what if we put at the heart of our energy system the idea of doing more with less? It’s an idea whose time has come.
Let me explain why.
Reducing consumption of electricity and natural gas means lower customer bills, healthier air and water and fewer greenhouse gas emissions. That’s why I believe that energy efficiency must be at the center of our nation’s energy policy. And utilities, like PSEG, are uniquely positioned to deliver those benefits to our customers, our country and the next generation.
The cheapest, cleanest energy is the energy you don’t use. Energy efficiency is by far the cheapest method of reducing greenhouse gas emissions. Unleashing the full power of energy efficiency would save consumers billions of dollars nationwide—mitigating if not entirely offsetting the cost impact of necessary upgrades to our systems.
The environmental benefits of energy efficiency are equally impressive. The U.S. Environmental Protection Agency estimates that energy efficiency improvements can achieve 23 percent of its carbon reduction goal for the nation through the year 2030. Continue reading