Large Energy Users Program

Summary

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.

Eligibility

Large commercial and industrial buildings must meet following qualifications to be eligible for the program:

• To qualify, eligible entities must have incurred at least $5,000,000 in total annual energy costs (on a pre-sales tax basis, aggregate of all buildings/sites) over the prior fiscal year.
  
• Average billing peak demand of all facilities must meet or exceed 400kW for electric and 4,000 DTh for gas.

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.

Program Description

 Maximum incentives are capped per entity lesser of:

• Annual project savings at $0.33/kWh plus $3.75/therm for non-lighting measures and $0.16/kWh for lighting measures
• 75% of total project cost
• not to exceed the NJCEP entity cap of $4,000,000 per entity per fiscal year

See program website for full information and application process.