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(Credit: Pixabay) Public Service Electric & Gas (PSE&G) received approval this week from the New Jersey Board of Public Utilities to invest approximately $700 million during the next four years to provide its 2.3 million electric customers with smart meters. The decision clears the way for the largest installation of smart meter technology in New Jersey history. Smart meters are the foundation of PSE&G’s Energy Cloud, which is an advanced metering infrastructure effort that will create an integrated, two-way communications network between electric customers and the utility. This netwo...

Public Service Electric & Gas can move forward with a $700 million plan to install advanced meters in homes and businesses across its service territory. The New Jersey Board of Public Utilities on Thursday approved PSE&G's four-year plan, proposed in 2018, to provide its 2.3 million electric customers with so-called smart meters.  The utility said it will not seek to recoup the costs of the project from customers until after it files its next rate case,  The Newark-based utility said the new meters will create a two-way communications network between electric customers and the utility,...

PSE&G Gets Green Light to Provide Smart Meters BPU-Approved Settlement Allows $700 Million Investment Over 4 Years News provided by Share this article Share this article NEWARK, N.J., Jan. 7, 2021 /PRNewswire/ -- Public Service Electric & Gas received approval today from the New Jersey Board of Public Utilities to invest approximately $700 million during the next four years to provide its 2.3 million electric customers with smart meters. The decision clears the way for the largest installation of smart meter technology in New Jersey history. Smart meters are the foundation of PSE&G's Energy ...