New Jersey Public Benefit Funds for Energy Efficiency

New Jersey Public Benefit Funds for Energy Efficiency

A societal benefits charge (SBC) funds continuation of pre-restructuring demand side management programs. In March 2001, the Board of Public Utilities approved a statewide comprehensive energy efficiency and renewable energy program that includes a low-income energy efficiency component called New Jersey Comfort Partners. The program, in which seven major electric and gas utilities participate, is funded at about $30 million yearly. See electric utility restructuring legislation.

LEVERAGING

2010: $35.3 million
2009: $20.1 million
2007: $21 million
2006: $17.8 million
2005: $13.7 million
2004: $13.1 million
2003: $13.1 million
2002: $10.8 million
2001: $9.5 million
2000: $10.1 million
1999: $10.8 million
1998: $9.6 million
1997: $4.2 million
1996: $4.3 million
1995: $7.4 million