Combined Heat & Power (CHP) Program
One of the goals of the State of New Jersey is to enhance energy efficiency through on-site power generation with recovery and productive use of waste heat, and to reduce existing and new demands to the electric power grid by providing financial incentives for Combined Heat & Power (CHP) installations.
Objective
Meet the objective of the New Jersey Clean Energy program to use energy efficiency, and clean distributed generation to provide reliability solutions for New Jersey. The program's goals are to reduce overall system peak demand and to encourage the use of emerging technologies.
Qualifying Customers
This program offers qualifying customers, contractors, and energy service companies incentives to purchase and install various types of CHP units. To qualify, the customer's facility must be located in New Jersey, and the customer must purchase electricity from the utility grid. Incentives are capped at $1 million per project. Any portion of a customer's load that is committed to an interruptible or peak load reduction program is not eligible for incentives. However, these customers can seek incentives for generation capacity to cover their uncommitted load.
The application period for the 2007 CHP Program has closed and projects are currently being evaluated. Click here to review the 2007 Application Package including the Pre-Installation form and technical worksheets.
The 2008 CHP Program is anticipated to begin in September. Please continue to check the website for further announcements.
Contact the Commercial & Industrial Market Manager (TRC Energy Services) for more information and program requirements.