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Funding Resources
Funding Resources
| NJ Customer-Sited Renewable Energy Rebates | |
|---|---|
| Type of Incentive | Rebate |
| 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 | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Tire-Derived Fuel, Waste heat Recovery |
| Eligible Project Size | |
| Critical Information |
Sustainable Biomass and Fuel Cell Systems (including combined heat and power) are currently eligible for incentive levels beginning at $5/watt, declining incrementally with increasing system size. Systems that incorporate combined heat and power are eligible for slightly higher incentives. Rebates for all systems regardless of size are limited to 30 percent of installed costs, or 40 percent of installed costs if the system incorporates combined heat and power. The rebate schedule is as follows: - Feasibility Studies: 50 percent of project costs up to $50,000 - $4.00 per watt for the first 10 kW, $5.00 per watt with CHP - $3.00 per watt for the next 90 kW, $3.75 per watt with CHP - $1.50 per watt for the next 400 kW, $2.00 per watt with CHP - $0.15 per watt for the next 500 kW, $0.65 per watt with CHP |
| Start Date | 3/1/2001 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information | Eligible technologies include fuel cells, small wind-energy systems and/or sustainable biomass-energy technologies. Systems must have at least a five-year, all-inclusive warranty. Eligible systems should be sized to produce no more than 100 percent of the historical or expected (if new construction) amount of electricity consumed at a system's site. It is important to note that system capacity limits and rebate amounts (including those for system additions) are calculated on a "per site" basis. In other words, for program purposes multiple systems on the same parcel or located on adjacent or contiguous properties under common ownership are aggregated together as a single system. |
| Web Site |
http://www.njcleanenergy.com/renewable-energy/programs/renewable-energy-incentive-program |
| Additional Web Site |
http://www.dsireusa.org/incentives/ incentive.cfm?Incentive_Code=NJ04F¤tpageid=3&EE=1&RE=1 |
| Primary Contact |
Public Information Renewable Energy Program c/o Conservation Services Group 75 Lincoln Highway Iselin, NJ 08830 U.S.A. (866) 657-6278 |