JCP&L Proposes Expansion of Energy Efficiency Offerings
HOLMDEL, N.J., Dec. 4, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L) has filed for an expansion of its energy efficiency programs with the New Jersey Board of Public Utilities (BPU). The $964.2 million, two-and-a-half-year portfolio of programs would begin on Jan. 1, 2025, and is designed to achieve the electricity savings required by the New Jersey Clean Energy Act of 2018 and the BPU.
- The proposal includes the continuation of several core programs offered by JCP&L since July 2021 and introduces several new offerings.
- Some of the programs include:
A Whole Home Program that offers energy efficiency opportunities, such as assessments, to residential customers. - The Direct Install and Energy Solutions for Business Programs that offer assessments and financial support to small business and commercial customers for energy efficiency upgrades.
- A Multifamily Program that offers financial incentives for in-unit and common area energy efficiency solutions, as well as more comprehensive solutions, such as whole-building retrofits.