New Jersey Zero Emission Incentive Program

June 09, 2023

Summary

The New Jersey Zero Emission Incentive Program (NJ ZIP) is a $15 million pilot voucher program that opened for applications on April 6, 2021. This program provides incentives for businesses and institutions purchasing new, medium-duty zero-emission vehicles that will operate in greater Camden and Greater Newark areas. This program provides vouchers with values from $20,000-$175,000. Visit the program website for more information.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	New Jersey
Incentive Type:	Rebate Program
Web Site:	https://www.njeda.com/njzip/#eligibility
Administrator:	New Jersey Economic Development Authority
Start Date:
Eligible Renewable/Other Technologies:	Medium-Duty Electric Vehicles Electric School Buses Electric Transit Buses
Incentive Amount:	8,501 - 10,000 lbs (Class 2): $20,000 10,001 - 14,000 lbs (Class 3): $50,000 14,001 - 16,000 lbs (Class 4): $65,000 16,001 - 19,500 lbs (Class 5): $75,000 19,501 - 26,000 lbs (Class 6): $90,000 26,001 - 33,000 lbs (Class 7): $130,000 33,000 + lbs (Class 8): $175,000 Woman, minority, or veteran owned business: 4% bonus per vehicle Small business: 25% increase in base voucher amount per vehicle NJ manufacturing bonus: 25% increase in base voucher amount per vehicle EJ bonus: 10% increase in base voucher amount for small business or municipal vehicles that commit to travel in Environmental Justice areas for 50% of the next 3+ years.

Incentives

This program has 1 incentives

Technologies:	Medium-Duty Electric Vehicles
Sectors:	Commercial, Local Government, Nonprofit, Schools, Institutional
Parameters:	The incentive has a maximum of $20000.00, The incentive has a minimum of $175000.00

Contact

Name:	New Jersey Economic Development Authority
Organization:	New Jersey Economic Development Authority
Address:	PO Box 990, 36 West State Street Trenton NJ 08625-0990
Phone:	(609) 858-6700
Email:	CustomerCare@njeda.gov

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.