The move creates the 15-year Transition Renewable Energy Certificate program — available for projects being worked on as of Oct. 29, 2018 that were not complete when New Jersey reached its 5.1 percent benchmark for energy sold in the state market.

Located in Atlantic City, the eight-megawatt combined heat and power generation facility provides electricity and hot and chilled water to Borgata Hotel Casino & Spa and The Water Club.

The project will replace approximately 2,890 feet of aging 6-inch water main.

Among its planned efforts for the future, the utility says it will reduce total employee incident cases and increase supplier diversity to 30 percent by 2023 through allocation to minority-, women-, veteran- and LGBTQ-owned suppliers.

The program allows applicants to apply for a maximum of two eligible EVs and one dual-port, level 2 charging station

The utility said it would provide $6.8 million to replace nearly 23,000 feet of aging water main throughout Monmouth County and $409,000 to replace about 950 feet in Summit.

The work is part of the Camden-based utility’s ongoing initiative to accelerate New Jersey’s water infrastructure, which it said has reached the end of its useful life in more than 100 communities.

Ralph LaRossa will also continue in his role as president and COO of PSEG Power, the company's merchant generation business.

The two-year, $100,000 grant is funded through the U.S. Department of Energy’s State Energy Program and will support a feasibility and market analysis on plug-in EV infrastructure and usage programs.