The New Jersey Board of Public Utilities, in partnership with the New Jersey Economic Development Authority, offers local governments and schools a low-interest, long-term financing program that allows them to combine traditional energy efficiency and renewable energy incentive programs. Financing under this program will cover the entire incremental cost of energy efficiency and renewable energy projects, enabling the governmental entities to finance the projects with no up front capital costs. The Clean Energy Financing Program can be combined with the New Jersey Clean Energy Program's incentives for a wide range of energy efficient technologies and renewable energy systems. For a listing of the incentives for specific energy efficient technologies, please visit the Smart Start Buildings webpage at www.njsmartstartbuildings.com. For details on the renewable energy rebate program, please visit the website at www.njcep.com. Visit the program website shown above for a project application.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | New Jersey |
| Incentive Type: | Loan Program |
| Web Site: | http://www.njcep.com/html/redo_program.html |
| Administrator: | New Jersey Board of Public Utilities |
| Start Date: | January 2004 |
| Eligible Renewable/Other Technologies: |
|
| Loan Term: | 3% to 5% interest rate, for varying loan terms |
| Name: | Benjamin Scott Hunter |
| Organization: | State of New Jersey Board of Public Utilities |
| Address: |
2 Gateway Center Newark NJ 07102 |
| Phone: | (609) 777-3300 |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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