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The Garden State Goes Green

MONROE TWP., NJ–New Jersey is pushing a practical approach to renewable energy, but will it lead to more jobs?

By Alyson Grala | Updated on September 10, 2009

MONROE TWP., NJ–Living up to its namesake, New Jersey has been making some aggressive moves to lead the green-growth movement. In July, Gov. Jon Corzine addressed the Senate on the state’s eco-friendly initiatives, one of which is the Department of Labor and Workforce Development’s Green Jobs Partnership Training program, which will graduate 300 workers over the next year. The state’s largest utility company, PSE&G, has already committed to hiring 100 program graduates. But why should the real estate industry take note?

According to PSE&G’s Rachael Fredericks, who spoke at an event yesterday at the Forsgate Country Club here, sponsored by the Economic Development Association of New Jersey, energy efficiency creates jobs, of which the Garden State is in sore need. For the most part, energy efficiency upgrades are initiatives of which nearly everyone can partake, such as updating lighting fixtures and heating units. “Solar and wind are sexy, but people need to recognize that before these upgrades take place a simple energy efficiency audit is key,” she said.

For its part, PSE&G is offering a slate of efficiency programs with big economic benefits; all of which were approved in July 2009. The utility also offers an on-bill repayment option, which should lead to positive cash flow for customers, and picks up 80% of the tab.

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