New Jersey’s Clean Energy Program is a signature initiative of the New Jersey Board of Public Utilities which promotes increased energy efficiency and the use of clean, renewable sources of energy including solar, wind, geothermal and sustainable biomass. The result for New Jersey is a stronger economy, less pollution, lower costs, and reduced demand for electricity. New Jersey’s Clean Energy Program offers financial incentives, programs, and services for residential, commercial and municipal customers.
In June 2011, New Jersey issued its latest Draft Energy Master Plan. The plan is a road map to guide the State toward a responsible energy future with adequate, reliable energy supplies that are both environmentally responsible and competitively priced, with the aim of planning for New Jersey’s energy needs through 2020. The energy savings and renewable energy generation delivered through New Jersey’s Clean Energy Program will contribute significantly to the achievement of these goals.
Incentives are available to offset the initial cost of energy efficient and renewable energy technologies for all ratepayers in New Jersey. Programs are comprehensive and complementary and focus on providing technical and financial assistance to homeowners, businesses, schools municipalities and government organizations. Through 2010, the energy efficiency and renewable energy programs have resulted in lifetime energy savings of over 30 million megawatt hours (MWh) of electricity, 97.3 million dekatherms of natural gas, 10.4 million MWh of renewable generation and 2.4 million MWh of distributed generation. The programs have also reduced electric demand by 988 MW, eliminating the need to site and construct and operate several small to mid-sized power plants.
New Jersey’s Clean Energy Program has helped to install over 259 MW of solar capacity in New Jersey during the last ten years. The solar program has grown from just a handful of projects in 2001 to over 8,000 projects in 2010. One of the reasons for the success is the Solar Renewable Energy Certificate (SREC) trading system. The establishment of the SREC trading platform is expected to boost the productivity and efficiency of the state’s support for solar development
.
In June 2011, New Jersey issued its latest Draft Energy Master Plan. The plan is a road map to guide the State toward a responsible energy future with adequate, reliable energy supplies that are both environmentally responsible and competitively priced, with the aim of planning for New Jersey’s energy needs through 2020. The energy savings and renewable energy generation delivered through New Jersey’s Clean Energy Program will contribute significantly to the achievement of these goals.
Incentives are available to offset the initial cost of energy efficient and renewable energy technologies for all ratepayers in New Jersey. Programs are comprehensive and complementary and focus on providing technical and financial assistance to homeowners, businesses, schools municipalities and government organizations. Through 2010, the energy efficiency and renewable energy programs have resulted in lifetime energy savings of over 30 million megawatt hours (MWh) of electricity, 97.3 million dekatherms of natural gas, 10.4 million MWh of renewable generation and 2.4 million MWh of distributed generation. The programs have also reduced electric demand by 988 MW, eliminating the need to site and construct and operate several small to mid-sized power plants.
New Jersey’s Clean Energy Program has helped to install over 259 MW of solar capacity in New Jersey during the last ten years. The solar program has grown from just a handful of projects in 2001 to over 8,000 projects in 2010. One of the reasons for the success is the Solar Renewable Energy Certificate (SREC) trading system. The establishment of the SREC trading platform is expected to boost the productivity and efficiency of the state’s support for solar development
.
For more information on the Clean Energy Program visit www.njcleanenergy.com.
