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PSE&G FILES DEMAND SIDE MANAGEMENT PLAN

 PSE&G FILES DEMAND SIDE MANAGEMENT PLAN
 NEWARK, N.J., Feb. 5 /PRNewswire/ -- Public Service Electric and Gas


Company (PSE&G) has filed with the N.J. Board of Regulatory Commissioners (BRC) a plan designed to encourage investment in energy- saving demand side management (DSM) activities in New Jersey.
 The proposal, a demand side management resource plan, is in accord with the BRC's new rules that provide financial incentives for utilities to participate in demand side management activities. Demand side management involves new techniques and technologies, such as high- efficiency lighting and motors, that help reduce customer demand for energy. BRC rules will allow utilities to earn a return on investments in demand side management programs that are approved by the board.
 PSE&G's plan is a two-phase approach -- a core program that includes many of the conservation programs now available to customers, and a performance-based program that would offer payments for introducing DSM technology and services that result in measurable energy savings.
 PSE&G's core proposal calls for 25 energy conservation programs at a first-year expenditure of $29.7 million. They include residential seal- up services, rebates for high-efficiency heating and cooling appliances, rebates for small commercial customers, conservation loans for income- eligible customers, and weatherization services for low-income customers. Also included are compact fluorescent lighting and direct load control programs for residential customers, information and education programs, and curtailable electric service for industrial and commercial customers.
 The company's performance-based proposal uses a "standard offer" technique that would provide direct payments for kilotwatthours of electricity and therms of gas saved through investments in demand side management. The price paid for these savings would be based on PSE&G's "avoided cost," the costs that would have been incurred by building new facilities to provide the same amounts of energy.
 PSE&G is proposing a two-year standard offer that would result in saving a total of 150 megawatts (MW) of electricity. It is also proposing a pilot program for gas designed to save six million therms, two million therms in the residential market, and the remainder in the industrial and commercial markets.
 Under the standard offer proposal, customers, independent energy service companies, PSE&G, and other utilities would be eligible to develop demand side management programs. The BRC would review and approve all contracts.
 Frederick W. Lark, vice president-marketing, said PSE&G believes the standard offer approach "is the best way to build an enduring and viable conservation and energy efficiency marketplace in New Jersey. The plan," he said, "is the best way to realize the potential embodied in the BRC's incentive conservation rules."
 Lark said "the BRC's regulatory initiative will create job opportunities in the DSM field and the state and its citizens will benefit from the environmental and economic advantages of increased energy efficiency."
 Lark emphasized that there will be no risk for PSE&G ratepayers in any investment the company makes in DSM activities.
 -0- 2/5/92
 /CONTACT: Neil Brown of Public Service Electric and Gas, 201-430-6017/ CO: Public Service Electric and Gas Company ST: New Jersey IN: UTI SU:


SH-OS -- NY063 -- 7304 02/05/92 15:14 EST
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Publication:PR Newswire
Date:Feb 5, 1992
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