Large Energy Users Program

June 09, 2023

Summary

Large Energy Users program offers financial incentives to eligible large commercial and industrial facilities in the State to self-invest in energy efficiency and combined heat and power (CHP) projects. The application can identify the custom energy efficiency measures in their facility and obtain incentives based on projected savings. Incentives from this program are only limited to energy efficiency measures. New construction, renewable energy projects, rehabilitation, and other maintenance energy saving projects are not eligible under this program.

Eligibility

Large commercial and industrial buildings must meet following qualifications to be eligible for the program:

To qualify, eligible entities must have incurred at least $5,000,000 in total annual energy costs (on a pre-sales tax basis, aggregate of all buildings/sites) between July 1, 2021 and June 30, 2022 as billed by NJ Utilities and any applicable third-party suppliers associated with those accounts.
Average billing peak demand of all facilities must meet or exceed 400kW for electric and 4,000 DTh for gas.

The program has a minimum incentive commitment per FEEP of $100,000. Projects with incentives below this threshold will be redirected to other programs for C&I customers.

Program Description

Maximum incentives are capped per entity lesser of:

Annual project savings at $0.33/kWh plus $3.75/therm for non-lighting measures and $0.16/kWh for lighting measures
75% of total project cost
not to exceed the NJCEP entity cap of $4,000,000 per entity per fiscal year

Application Process

1.     Program Enrollment: Submit Pre-Qualification Application form and utility summary in Excel format by June 30, 2023. Entities will be able to submit enrollment qualifications for participation on a first-come, first-served basis.
2.    Submission of DEEP: (Optional) Once the Pre-Qualification Application is approved, entities will be approved to submit their Draft Energy Efficiency Plan (DEEP) for fund reservation.
3.    Submission of FEEP: Once the DEEP is approved, entities may submit the Final Energy Efficiency Plan (FEEP) for incentive commitment.
4.    Confirmation of Installation: Upon installation completion, submission of post-installation documents and M&V report, incentive will be paid.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	New Jersey
Incentive Type:	Rebate Program
Web Site:	http://www.njcleanenergy.com/commercial-industrial/programs/large-energy-users-program
Administrator:	New Jersey Clean Energy Program (NJCEP)
Start Date:
Eligible Renewable/Other Technologies:	Custom/Others pending approval Other EE
Incentive Amount:	$0.33 per projected kWh saved; $3.75 per projected Therm saved; Minimum incentive amount of $100,000
Maximum Incentive:	Lesser of: $4 million 75% of total project cost
Eligible System Size:	Must have average billing demand exceeding or equal to 400kW for electric and 4,000 DTh for gas

Contact

Name:	New Jersey's Clean Energy Program
Address:	900 Route 9 North, Suite 404 Woodbridge NJ 07095
Phone:	(866) 657-6278
Email:	LEUP@NJCleanEnergy.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.