Large Energy Users program offers financial incentives to eligible large commercial and industrial facilities in the State to self-invest in energy efficiency and combined heat and power (CHP) projects. The application can identify the custom energy efficiency measures in their facility and obtain incentives based on projected savings. Incentives from this program are only limited to energy efficiency measures. New construction, renewable energy projects, rehabilitation, and other maintenance energy saving projects are not eligible under this program.
Large commercial and industrial buildings must meet following qualifications to be eligible for the program:
The program has a minimum incentive commitment per FEEP of $100,000. Projects with incentives below this threshold will be redirected to other programs for C&I customers.
Maximum incentives are capped per entity lesser of:
1. Program Enrollment: Submit Pre-Qualification Application form and utility summary in Excel format by June 30, 2023. Entities will be able to submit enrollment qualifications for participation on a first-come, first-served basis.
2. Submission of DEEP: (Optional) Once the Pre-Qualification Application is approved, entities will be approved to submit their Draft Energy Efficiency Plan (DEEP) for fund reservation.
3. Submission of FEEP: Once the DEEP is approved, entities may submit the Final Energy Efficiency Plan (FEEP) for incentive commitment.
4. Confirmation of Installation: Upon installation completion, submission of post-installation documents and M&V report, incentive will be paid.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | New Jersey |
| Incentive Type: | Rebate Program |
| Web Site: | http://www.njcleanenergy.com/commercial-industrial/programs/large-energy-users-program |
| Administrator: | New Jersey Clean Energy Program (NJCEP) |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
$0.33 per projected kWh saved; $3.75 per projected Therm saved; Minimum incentive amount of $100,000 |
| Maximum Incentive: |
Lesser of: $4 million 75% of total project cost |
| Eligible System Size: |
Must have average billing demand exceeding or equal to 400kW for electric and 4,000 DTh for gas |
| Name: | New Jersey's Clean Energy Program |
| Address: |
900 Route 9 North, Suite 404 Woodbridge NJ 07095 |
| Phone: | (866) 657-6278 |
| Email: | LEUP@NJCleanEnergy.com |
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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