Public Service Electric & Gas (PSE&G) launched its Clean Energy Future - Electric Vehicle Program in June 2021. Ad of January 27, 2023, the program had $4.4 million in remaining funding.
The EV Program has a residential, commercial, and public DC Fast Charging subprogram, each with individual eligibility requirements outlined on the program website.
The Residential Subprogram offers an on-bill credit of $1,500 toward the cost of customer-side upgrades for installing a Level 2 EV Charger. Customers can also qualify for up to $5,000 of utility-side make ready upgrades to support EVSE installations. Customers may receive a credit of $0.02/kWh for charging during off-peak times.
The Commercial Subprogram offers on-bill credits of up to $30,000 per site for customer-side make-ready assets, $7,500 per eligible Level 2 charging port. Customers are also eligible for an up to $10,000 reduction in utility-side make-ready upgrades to support the EVSE.
The DC Fast Charging Subprogram offers an on-bill credit of up to $100,000 for customer-side make-ready work, up to $25,000 per DCFC port installation. If there are customer costs to upgrading utility-side infrastructure to support this work, customers are eligible for a reduction of up to $50,000 in that cost. Customers may be eligible for demand charge rebates as well.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | New Jersey |
| Incentive Type: | Rebate Program |
| Web Site: | https://nj.myaccount.pseg.com/myservicepublic/electricvehicles |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Incentive Amount: |
Residential: $1,500 for Level 2 EVSE make-ready infrastructure. $5,000 discount for utility-side make-ready costs. Commerical: $7,500 per Level 2 EVSE Port for make-ready infrastructure. Discount of up to $10,000 in utility-side make-ready costs. Public DCFC: $25,000 per port for make-ready infrastructure. Discount of up to $50,000 for utility-side make-ready costs. |
| Maximum Incentive: |
Residential: $1,500 per site Commercial Level 2: $30,000 per site Public DCFC: $100,000 per site |
| Technologies: | Level-2 Electric Vehicle Service Equipment |
| Sectors: | Residential |
| Parameters: | The incentive has a minimum of $1500.00 |
| Technologies: | Level-2 Electric Vehicle Service Equipment, Make-Ready Equipment |
| Sectors: | Residential |
| Parameters: | The incentive has a minimum of $5000.00 |
| Technologies: | Level-2 Electric Vehicle Service Equipment |
| Sectors: | Commercial |
| Parameters: | The incentive has a minimum of 7500.00 $/Unit, The incentive has a minimum of $30000.00 |
| Technologies: | Level-2 Electric Vehicle Service Equipment, Make-Ready Equipment |
| Sectors: | Commercial |
| Parameters: | The incentive has a minimum of $10000.00 |
| Technologies: | Direct Current Fast Charging Equipment |
| Sectors: | Commercial |
| Parameters: | The incentive has a minimum of 25000.00 $/Unit, The incentive has a minimum of $100000.00 |
| Technologies: | Direct Current Fast Charging Equipment, Make-Ready Equipment |
| Sectors: | Commercial |
| Parameters: | The incentive has a minimum of $50000.00 |
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.
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