New Jersey
Incentives/Policies for Renewables & Efficiency
|
 |
Last DSIRE Review: 04/03/2009
| Incentive Type: |
Public Benefits Fund |
| State: |
New Jersey |
| Eligible Efficiency Technologies: |
Yes; specific technologies not identified
|
| Eligible Renewable/Other Technologies: |
Solar Thermal Electric,
Photovoltaics,
Landfill Gas,
Wind,
Biomass,
Hydroelectric,
Geothermal Electric,
CHP/Cogeneration,
Anaerobic Digestion,
Tidal Energy,
Wave Energy,
Fuel Cells using Renewable Fuels
|
| Applicable Sectors: |
Commercial,
Industrial,
Residential,
General Public/Consumer,
Nonprofit,
Schools,
Local Government,
Utility,
State Government,
Fed. Government,
Agricultural,
Institutional
|
| Types: | Energy efficiency, renewables, low-income energy assistance |
| Total Fund: | $2.439 billion (2001-2012) |
| Charge: | Per-kWh surcharge (varies annually by funding target) |
|
Web Site: |
http://www.njcleanenergy.com/
|
|
Authority 1:
|
N.J. Stat. § 48:3-60
|
| Date Enacted: | 02/09/1999 |
|
|
Summary:
New Jersey's 1999 electric-utility restructuring legislation created a "societal benefits charge" (SBC) to support investments in energy efficiency and "Class I" renewable energy. The SBC funds New Jersey’s Clean Energy Program (NJCEP), a statewide initiative administered by the New Jersey Board of Public Utilities (BPU). The NJCEP provides technical assistance, financial assistance, information and education for all classes of ratepayers. NJCEP energy-efficiency programs and renewable-energy programs were initially managed and implemented by New Jersey's seven investor-owned electric public utilities and gas public utilities, but on April 1, 2007 management was turned over to third-party program managers Honeywell Utility Solutions and TRC Energy Solutions. The BPU will continue to act as the administrator of the NJCEP, while contracted program managers will be responsible for managing and implementing these programs. The New Jersey Office of Clean Energy (OCE) and market managers submit annual program plans for approval by the BPU (see website for details).
The SBC is collected as a non-bypassable charge imposed on all customers of New Jersey's seven investor-owned electric public utilities and gas public utilities. The BPU determines the amount that will be collected. A total of $482 million was collected during 2001-2004 and a total of $745 million was collected from 2005-2008. In September 2008 the BPU approved a 2009-2012 budget of $1.213 billion*, with approximately 80% ($950 million) of the budget devoted to energy efficiency programs and 20% ($243 million) for renewable energy programs. Any unused funds from previous years are carried into the next year's budget.
"Class I" renewable energy is defined as electric energy produced from solar technologies, photovoltaic technologies, wind energy, fuel cells, geothermal technologies, wave or tidal action, and methane gas from landfills or a biomass facility, provided that the biomass is cultivated and harvested in a sustainable manner. NJCEP funding for renewables includes the state's much publicized customer-sited rebate programs, as well as other initiatives such as offshore wind, large grid-connected renewables, and clean energy systems manufacturing. For energy-efficiency projects, the NJCEP has provided funding for new construction, building retrofits, HVAC systems, Energy Star products (including air conditioners, appliances and lighting), combined heat and power (CHP), energy audits, and energy-efficiency projects for low-income residents.
Additional information on CEP programs and funding is available in form of quarterly and annual reports.
*These budget numbers do not include additional fund revenue such as interest income or alternative compliance payments made under the state RPS, nor do they include program reallocations (i.e., energy efficiency vs. renewable energy funding) made by annual budget orders. Click here to view the BPU's 2009 Budget Order, which reflects such changes for the 2009 program year.
|
|
Contact:
| |
Mona Mosser
New Jersey Board of Public Utilities
Division of Energy
2 Gateway Center
Newark, NJ 07102
Phone: (973) 648-2891
Fax: (973) 648-2467
E-Mail: mona.mosser@bpu.state.nj.us
Web Site: http://www.bpu.state.nj.us
|
| |
| |
Benjamin Scott Hunter
New Jersey Board of Public Utilities
Renewable Energy Program Administrator, Office of Clean Energy
44 South Clinton Avenue
P.O. Box 350
Trenton, NJ 08625-0350
Phone: (609) 777-3300
Fax: (609) 777-3330
E-Mail: benjamin.hunter@bpu.state.nj.us
Web Site: http://www.bpu.state.nj.us
|
| |
| |
Anne Marie McShea
New Jersey Board of Public Utilities
Office of Clean Energy
2 Gateway Center
Newark, NJ 07102
Phone: (609) 777-3306
E-Mail: Anne.McShea@bpu.state.nj.us
|
|
|
|
 |
Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.
|
