The New Jersey Zero Emission Incentive Program (NJ ZIP) is a $15 million pilot voucher program that opened for applications on April 6, 2021. This program provides incentives for businesses and institutions purchasing new, medium-duty zero-emission vehicles that will operate in greater Camden and Greater Newark areas. This program provides vouchers with values from $20,000-$175,000. Visit the program website for more information.
|Incentive Type:||Rebate Program|
|Administrator:||New Jersey Economic Development Authority|
|Eligible Renewable/Other Technologies:||
8,501 - 10,000 lbs (Class 2): $20,000
10,001 - 14,000 lbs (Class 3): $50,000
14,001 - 16,000 lbs (Class 4): $65,000
16,001 - 19,500 lbs (Class 5): $75,000
19,501 - 26,000 lbs (Class 6): $90,000
26,001 - 33,000 lbs (Class 7): $130,000
33,000 + lbs (Class 8): $175,000
Woman, minority, or veteran owned business: 4% bonus per vehicle
Small business: 25% increase in base voucher amount per vehicle
NJ manufacturing bonus: 25% increase in base voucher amount per vehicle
EJ bonus: 10% increase in base voucher amount for small business or municipal vehicles that commit to travel in Environmental Justice areas for 50% of the next 3+ years.
|Technologies:||Medium-Duty Electric Vehicles|
|Sectors:||Commercial, Local Government, Nonprofit, Schools, Institutional|
|Parameters:||The incentive has a maximum of $20000.00, The incentive has a minimum of $175000.00|
|Name:||New Jersey Economic Development Authority|
|Organization:||New Jersey Economic Development Authority|
PO Box 990, 36 West State Street
Trenton NJ 08625-0990
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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