New Jersey’s Clean Energy Program offers the Residential New Construction Program to incentivize the construction of new homes that meet standards for the following: IECC 2015, EPA ENERGY STAR Certified New Homes, Multifamily High-Rise and the DOE Zero Energy Ready Home Program. The program provides a range of financial incentives depending on the energy efficiency of the homes. Both single family and multifamily buildings are eligible for the program.
Program Description
The Program offers builders flexibility and options to participate in the program by building homes to varying standards or guidelines. In all cases, the Home Energy Rating System (HERS) Index is used to calculate the home’s energy efficiency achieved and to determine the cash rebate the builder will earn. The three standards are outlined below:
Incentive Structure
The incentive structure offers the builder varying incentive amounts based on the type of residence (single-family, townhouse, and multi-family) and the level of energy efficiency that the home achieves compared to a reference home. Details of this structure are available on the program website. Please contact the program administrator for more information.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | New Jersey |
| Incentive Type: | Rebate Program |
| Web Site: | https://www.njcleanenergy.com/residential/programs/residential-new-construction |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
Incentives depend on the HERS score and the classification See the Incentive Schedule for more information. |
| Equipment Requirements: |
IECC 2015 Energy Rating Index (ERI) ENERGY STAR Certified Home v 3.1 Requirements Zero Energy Ready Home & Zero Energy Home + RE Multifamily High-Rise Program |
| Installation Requirements: |
Must be installed by participating ENERGY STAR Home Builder |
| Ownership of Renewable Energy Credits: | Not specified |
| Name: | Clean Energy Programs and Budget FY2016 |
| Date Enacted: | 06/26/2015 |
| Name: | New Jersey’s Clean Energy Program Residential New Construction Program |
| Address: |
c/o CLEAResult, 75 Lincoln Highway, Suite 100 Iselin NJ 08830 |
| Phone: | (866) 657-6278 |
| Email: | contactus@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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