Renewable Energy Manufacturing Incentives (for End-Use PV Installations) (New Jersey)

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Last modified on February 12, 2015.

Financial Incentive Program

Place New Jersey

Name Renewable Energy Manufacturing Incentives (for End-Use PV Installations)
Incentive Type State Rebate Program
Applicable Sector Agricultural, Commercial, Fed. Government, Industrial, Institutional, Local Government, Multi-Family Residential, Nonprofit, Residential, Schools, State Government, Tribal Government
Eligible Technologies Photovoltaics, (Includes Panels, Inverters and Racking Systems for Photovoltaic Systems)
Active Incentive No
Incentive Inactive Date 2012-01-05
Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount Varies by equipment type, sector, and system size; total incentive may be from 0.05 - 0.55/W DC




Eligible System Size None, but incentives are limited to first 10 kW for residential installations and first 500 kW for non-residential installations

Equipment Requirements Manufacturer must be certified as eligible for the program, which requires that at least 50% of product cost be associated with facilities located on New Jersey; panels and inverters must be UL compliant and racking systems must be ASCE compliant; all components must be commercially available to the public.
Start Date 2009-09-23




Installation Requirements Equipment must be installed in accordance with the standards of the state SREC program


Maximum Incentive Varies by equipment type, sector, and system size

Ownership of Renewable Energy Credits Not applicable








Program Administrator New Jersey Board of Public Utilities, Office of Clean Energy
Website http://www.njcleanenergy.com/renewable-energy/programs/renewable-energy-manufacturing-incentive
Date added to DSIRE 2010-01-07
Last DSIRE Review 2011-01-12



References DSIRE[1]


Summary

In September 2009 New Jersey opened the Renewable Energy Manufacturing Incentive (REMI) program, which provides rebates for homeowners and businesses that install renewable energy system components manufactured in New Jersey.* At present, the incentives are limited to photovoltaic system components -- modules, inverters, and racking systems -- but program managers intend to expand the program to cover eligible wind and bio-power equipment in the future.

There is no specific size limitation on eligible projects, but incentives are limited to the first 10 kilowatts (kW) for residential systems and the first 500 kW for non-residential systems. However, the program is designed to supplement the existing New Jersey Solar Renewable Energy Certificate (SREC) program.* Currently, in order to receive incentives applicants must apply through one of the SREC program, thus any limitations and any equipment, installation, and design standards that apply to the SREC program also apply to the REMI. In addition, since the program is funded from the state System Benefits Charge (SBC), it is only available to customers of New Jersey's electric distribution utilities that pay the SBC (Atlantic City Electric, Jersey Central Power and Light, Public Service Electric and Gas or Rockland Electric Company). Incentives are only available to new applicants, not those with completed projects or those with projects that have already been accepted into the SREC program.

Total incentives range from $0.05 - $0.55 per watt DC, depending on sector, system size, and the type(s) of eligible equipment incorporated into a system. The tables below summarize how incentives are calculated for different systems.

Photovoltaic Panels

Project Type Incentive Amount Maximum System Size Maximum Incentive
Residential (0 - 10 kW) $0.25/W 10 kW $2,500
Non-residential (0 - 50 kW) $0.14/W 50 kW $7,500
Non-residential (51 - 100 kW) $0.12/W 100 kW $12,000
Non-residential (101 - 500 kW) $0.08/W 500 kW $40,000
Inverters
Project Type Incentive Amount Maximum System Size Maximum Incentive
Residential (0 - 10 kW) $0.15/W 10 kW $1,500
Non-residential (0 - 50 kW) $0.09/W 50 kW $4,500
Non-residential (51 - 100 kW) $0.07/W 100 kW $7,000
Non-residential (101 - 500 kW) $0.05/W 500 kW $25,000
Racking Systems
Project Type Incentive Amount Maximum System Size Maximum Incentive
Residential (0 - 10 kW) $0.15/W 10 kW $1,500
Non-residential (0 - 50 kW) $0.09/W 50 kW $4,500
Non-residential (51 - 100 kW) $0.07/W 100 kW $7,000
Non-residential (101 - 500 kW) $0.05/W 500 kW $25,000

Incentives for each possible component are calculated separately; thus a 10 kW residential installation could receive a total incentive of $5,500 ($0.55/W) if it was constructed using eligible panels ($0.25/W), an eligible inverter ($0.15/W), and an eligible racking system ($0.15/W).

In order to qualify for incentives, equipment must be made by a program certified manufacturer. This certification requires that at least 50% of product cost be associated with facilities located on New Jersey. In addition, all panels and inverters must be UL compliant; racking systems must be ASCE compliant; and all components must be commercially available to the public. Manufacturers will be subject to annual on-site visits to demonstrate that their product(s) meet and continue to meet the compliance tests for program certification.

A total of $1 million is available for incentives under this program during 2011, subject to change according to the funding needs of other state renewable energy incentive programs. Please consult the program website or use the contact information below for further information.


*The former Customer On-Site Renewables (CORE) rebate program offered bonus incentives for New Jersey manufactured equipment. The CORE program was replaced by the REIP rebate program and the "bonus" incentives now exist as the separate REMI program. The REIP subsequently closed to new solar applications beginning in 2011 so the program now complements only the New Jersey SREC program.


Incentive Contact

Contact Name Public Information - Renewable Energy Program
Department New Jersey Board of Public Utilities
Division Office of Clean Energy
Address c/o Conservation Services Group
Address 2 75 Lincoln Highway
Place Iselin, New Jersey
Zip/Postal Code 08830
Phone (866) 657-6278



Website http://www.njcleanenergy.com/renewable-energy/home/home
     
     


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"

Rebates Grants Solar Photovoltaic Incentives

PV Residential $/KW $550
PV Commercial $/KW $180
PV Non-profit $/KW $180
PV Rating DC







PV Residential Max $ $5,500
PV Commercial Max $ $90,000
PV Non-profit Max $ $90,000


































  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1.  "Database of State Incentives for Renewables and Efficiency (DSIRE)"