Programs
Whether you're starting a commercial or industrial project from the ground up, renovating existing space, or upgrading equipment, you have unique opportunities to upgrade the quality of the project. New Jersey SmartStart Buildings can provide a range of support — at no cost to you — to yield substantial savings, both now and for the future.
Pay for Performance is directed at large existing facilities in a manner that directly links incentives to energy savings in a whole-building approach. Pay for Performance will rely on a network of Program Partners who provide technical services under direct contract to building owners. These Partners will develop an Energy Reduction Plan for each project that includes technical components typically found in a traditional energy audit, a financial plan for funding the energy efficient measures and a construction schedule for installation. Incentives will be awarded as program milestones are completed with the final incentive paid following a comprehensive measurement and verification report that proves the savings targets have been met or exceeded. Pay for Performance projects that incorporate CHP will be eligible for additional incentives. A Pay for Performance approach geared to new construction projects was launched in November 2009 as part of NJ SmartStart Buildings.
In 2009, the elements of the Combined Heat & Power (CHP) Program became part of the Pay for Performance Program. Our goal was to make CHP part of a comprehensive, whole building approach to energy efficiency in new and existing commercial and industrial facilities.
Pay for Performance projects incorporating CHP are eligible for up to an additional $1 million incentive. The annual solicitation was eliminated and customers are now able to participate in this program year round (funding permitted).
Improving energy efficiency and conservation are essential to achieving environmental sustainability. They are the simplest ways to reduce greenhouse gas emissions and other forms of air pollution, such as acid rain and smog. Good energy management starts with an energy audit. The program will provide incentives up to $300,000 per calendar year depending on the size of the audited facilities.
Teaching Energy Awareness with Children's Help (TEACH) offers helpful information for teachers and administrators in approximately 100 K-12 schools statewide. TEACH provides a wide range of services designed to educate students, faculty and staff about energy efficiency and renewable technologies. It also works to build a self-sustaining culture of environmental awareness with teacher-friendly lessons and a tool kit of professional energy monitoring instruments. The program also includes energy benchmarking services so school administrators can compare their energy usage across buildings as well as with other districts and better make informed decisions about potential energy improvements.
Direct Install targets small commercial and industrial facilities with peak demand of less than 200 kW. This turnkey program is aimed at providing owners a seamless, comprehensive process for analysis, equipment replacement and financial incentives to reduce consumption, lower utility costs and improve profitability.
The program covers up to 80% of the cost for eligible upgrades including lighting, controls, refrigeration, HVAC, motors, variable speed drives, natural gas and food service. Participating contractors conduct energy assessments and install the cost-effective measures.
Whether you are a New Jersey-based company or institution "going green", a manufacturer of clean energy systems or products, or an innovative company developing new, green technology, New Jersey may have financing and incentive programs to help.