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Public Service Electric and Gas Co. has received approval from the New Jersey Board of Public Utilities to make additional investments in the company's electric and gas infrastructure, as well as in existing programs to help hospitals and other customers become more energy efficient. About $273 million will be spent to accelerate electric and gas projects between now and the end of 2012 to improve reliability and further stimulate New Jersey's economy. The utility will invest an additional $95 million in its successful energy efficiency programs. This two-year program extension will provide additional investments in three program segments that are fully subscribed and have a backlog of customers who wish to participate.