Benchmarking is a process for evaluating the energy use performance of commercial, industrial, and municipal buildings. This service is currently available free of charge to owners, managers and administrators of hospitals and healthcare buildings, municipalities, industries, multifamily properties, the hospitality sector, colleges and universities, K-12 schools, retail and other commercial facilities.
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 $100,000 per fiscal year per participant.
Financial incentives are available for upgrading individual heating and cooling systems, water heating, lighting and controls, refrigeration/freezer ECM motors, variable frequency drives, and more. There's even a custom path for energy efficiency measures with demonstrated cost justification, which are handled on a case-by-case basis.
Pay for Performance is directed at large existing and new facilities in a manner that directly links incentives to energy savings in a whole-building approach. Pay for Performance relies 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, a financial plan for funding efficiency measures and a construction schedule for installation. Incentives will be awarded as program milestones and comprehensive verification report, proving the savings targets have been met or exceeded, are completed.
Direct Install targets small commercial and industrial facilities with peak demand of 200 kW or less. 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 offers incentives for eligible upgrades including lighting, controls, refrigeration, HVAC, motors, variable speed drives, natural gas equipment and controls. Participating contractors conduct energy assessments and install the cost-effective measures.
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. The Board of Public Utilities seeks to accomplish this goal by providing generous financial incentives for Combined Heat & Power and Fuel Cell (CHP-FC) installations.
Most CHP systems include a natural gas-fueled combined cycle combustion turbine to produce both steam and electricity from a single fuel source located on-site. These highly efficient technologies recover the heat that would otherwise be wasted during the generation of electricity and make use of that heat for commercial or industrial processes. This thermal energy may be used for direct heating, as a source for producing hot water or steam, or even for space conditioning and dehumidification.
The Large Energy Users Program is designed to promote self-investment in energy efficiency and combined heat and power projects with incentives up to $4 million for eligible projects in the state's largest commercial and industrial facilities.
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.