Funding Resources
Funding Resources
| NJ Clean Energy Financing for Schools and Govts. | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | NJ |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | Biogas, Biomass, Hydrogen, Other |
| Eligible Project Size | All (MW) |
| Critical Information | 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. Eligible technologies include photovoltaics, wind, biomass, and fuel cells that use renewable fuels. 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 completely, with no up front capital necessary. 3% to 5% interest rates are available, for varying loan terms. |
| Start Date | 1/1/2004 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information | * Applications are accepted on a continual basis. There are no listed deadlines or program end dates. |
| Web Site | http://www.njcleanenergy.com/![]() |
| Primary Contact | General Information 44 South Clinton Avenue P.O. Box 350 Tenton, NJ 8625 U.S.A. General Information (info@njcleanenergy.com) (609) 777-3300 |
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