Report: PSE&G transmission investment boosts New Jersey economy

Sponsored by

From 2011 to 2021, Public Service Electric and Gas Co. (PSE&G) investments in New Jersey's electric transmission network will be a stimulant of the state's economy, according to an analysis by Rutgers University.

According to the report, the company's 10-year, $8.1 billion transmission investment program will support 6,000 jobs annually — generating more than $4.3 billion in salary and benefits and more than $640 million in state and local government revenue.

Public Service Enterprise Group (PEG) is a publicly traded diversified energy company with annual revenues of $10 billion. Its operating subsidiaries are: PSEG Power, PSE&G and PSEG Long Island.

The study can be viewed here.

The employment supported by PSE&G's capital spending will occur across a wide range of sectors. The investments will initially directly support jobs and businesses in construction, engineering and manufacturing, but will also create a ripple effect throughout the broader economy generating indirect employment in retail, transportation and services.

The report, Rutgers' Economic Impact Analysis of PSE&G's Capital Expenditure Program, analyzed the impact of seven large-scale projects designed to improve electric transmission capacity across the utility's service territory.

It did not include PSE&G regular operating and maintenance expenditures or the spending on the recently approved $1.22 billion Energy Strong program. PSE&G estimates that the Energy Strong program could support another 2,900 jobs annually for the next three years.

The seven transmission projects include:

·      Southern Reinforcement Project

·      69 kV Upgrade Portfolio

·      Bergen-Linden Corridor Upgrade

·      Susquehanna-Roseland Project

·      North-Central Reliability Project

·      Burlington-Camden Reliability Project

·      Northeast Grid Project

Sponsored by

Get All the Utility Products News Delivered to Your Inbox

Subscribe to Utility Products or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


October 2015
Volume 19, Issue 9

Utility Products Topics

Transmission & Distribution
                       Vehicles & Accessories
Tools & Supplies   Safety
Line Construction & Maintenance   Test & Measurement

How to deploy mobile forms + devices to speed up field service processes & reporting

Overcoming the pain points associated with any process is much simpler and more cost effective than you think. This webinar will detail the benefits of switching to mobile forms for field data collection and reporting.
We'll examine real use cases and ROI of integrating mobile forms within a given field service process, including for work orders, inspections, checklists and proposals.
A quick AT&T Mobile Forms demo will reveal the feature rich, user-friendly nature of the solution. You'll see why it’s a must-deploy to speed up data collection, eliminate invoicing/data entry lags and auto-generate/deliver insightful reports.



Industry Company Pages

Keep up-to-date with the latest news and articles from some of the prominent utility product companies and resources.


Everlast Substation signs

Everlast safety signs and Everlast Substation signs meet all ANSI and OSHA requirements and continue to be readable for the life of the substation. When most signs fail ours shine.

Everlast pole tags

Everlast pole tags for distribution poles have been used all over the world in this great earth's worst environment's proving it is the longest lasting product to use on pole's!

Swage Bus Accessories

Swage Bus Accessories use a compression technology process called "swaging" that enables installation of aluminum bus accessories without the need of a welder.