PSEG unveils 6-year clean energy plan, spending $2.8B on energy efficiency

Utility Dive: Energy efficiency makes up 70% of PSEG's clean energy plan costs, and the investment may represent a major shift in the sector.

"The single most important mission for utilities such as ours will be to help their customers use less energy," PSEG President, Chairman and CEO Ralph Izzo​, said on a media call to discuss the proposal.

While energy efficiency has been growing in importance for years, Izzo's comment is a stark reminder that not so long ago utilities were focused on selling as much energy as possible to boost their bottom line.

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