MONROE, NJ (December 2, 2025) – New Jersey’s utility leaders joined the NJ Alliance for Action this morning to unveil a wave of infrastructure investments.
The priority?
Strengthening the grid, tackling affordability issues caused by rising demand and advancing environmental cleanup efforts like the remediation of PFAS “forever chemicals.”
“NJ’s utility companies are our best corporate neighbors,” NJ Alliance for Action President Jerry Keenan said. “They build and maintain the systems that keep the lights on and the taps flowing. At the same time, they’re investing billions into the economy, creating jobs, providing better service and cleaning the environment.”
NJ Board of Public Utilities President Christine Guhl-Sadovy began the program with remarks about the need for energy generation and support for nuclear energy.
“A tremendous amount has changed since the last time we met,” Guhl-Sadovy said. “Some opportunities have arisen, certainly some challenges have arisen, and we’re in a pivotal moment in New Jersey for our energy future.”
PSEG President & COO Kim Hanemann emphasized the need for more in-state energy generation to account for major increases in load growth. PSEG plans to invest up to $24 billion over the next five years to increase capacity for transmission and distribution while replacing over 2,000 miles of cast iron gas mains.
“New Jersey is at a pivotal moment as rising demand and tightening supply result in electricity price increases. PSEG believes that New Jersey must develop an integrated resource plan that considers customer costs, reliability, along with the capacity the state will need by 2030 and beyond. PSEG is ready to roll up our sleeves to develop long-term, reliable, and affordable energy solutions in collaboration with New Jersey policymakers and our stakeholders,” Hanemann said.
New Jersey American Water President Mark McDonough outlined the utility’s $5 billion, 6-year plan focused on clean water improvements, reliability & resiliency projects, water & wastewater pipeline and main replacement and rehabilitation.
Aqua New Jersey President Natalie Chesko detailed investment projections of $65 million annually over the next five years. Projects include record progress on Aqua NJ’s lead service line replacement program, PFAS treatment, replacement of Aqua-Blackwood Well 22, creation of Aqua Woolwich Well 3, and replacement of Spartan Village Wastewater Treatment Plant.
South Jersey Industries Senior Vice President & COO Steven Cocchi South Jersey Gas’s $200 million 5-year program and Elizabethtown Gas’s $120 million 2-year program extension. Current investments include South Jersey Gas Hydrogen Project, Linden Renewable Energy Project, and Atlantic and Burlington County Renewable Natural Gas Projects.
NJ Natural Gas Senior Vice President & COO Patrick Migliaccio said the utility plans to invest up to $5.3 billion over the next five years in new customer growth, system replacement and reliability, and energy efficiency.
Veolia Senior Director of Operations Jim Mastrokalos said his company will invest $180 million in 2026 to increase water quality and reliability. Current work includes replacement of two wastewater treatment facilities in West Milford, replacement of a water treatment plant and pump station in Lambertville, installation of a PFAS treatment facility at Matchaponix Brook Water Treatment Plant, and upgrades to the recently acquired Manalapan Township water system.
Rockland Electric Vice President of Operations Won Choe detailed a projected investment of $750 million over the next 10 years in transmission, substations, and distribution systems.
Enbridge Manager of Stakeholder Relations Max Bergeron outlined the company’s growing systems and over $114 million investment in New Jersey in 2024.
The Alliance for Action’s Annual Energizing The Economy Utilities Conference is another one-of-a-kind event that brings together leaders to share details on upcoming investments in infrastructure, new initiatives and emerging technology.
Find your next great Alliance event here and get registered today.
Since 1974, The New Jersey Alliance for Action has worked as a non-partisan and non-profit association representing thousands of business, labor, government, utility, education, professional, and other New Jersey leaders. Our mission is to improve New Jersey’s economy through the promotion of environmentally friendly capital construction and infrastructure investment.
