Renewable Electric Storage Program
The Renewable Electric Storage (RES) Program offers financial incentives through an open enrollment program for applicants investing in renewable electric storage projects that are integrated with behind-the-meter, net metered, Class 1 renewable energy systems interconnected with New Jersey’s electric distribution system.
Incentives are contingent upon the applicant meeting all other program requirements, including but not limited to, compliance with the host Electric Distribution Company's (EDC's) interconnection requirements and compliance with all applicable local, state and federal laws, permit requirements and regulations. Once approved, applicants will have 12 months from the date of the approval letter to satisfy all program requirements and submit Final As-Built documentation.
The open enrollment program offers an incentive of $300 per kWh of energy capacity (capacity data must be verified by the equipment manufacturer’s specification sheet). The maximum incentive per project is $300,000 or 30% of the project’s total cost, whichever is less. The maximum incentive per entity is $500,000, which applies to multiple projects under the ownership of a single host site, developer/installer or other ownership entity.
A complete application consists of an online form along with additional documentation that must be uploaded by the applicant. Completed applications must be submitted on-line. Hard copy submissions or email submissions will not be accepted. Carefully read the following requirements and terms and conditions before submitting an application:
- The proposed RES system must be installed in New Jersey and interconnected with the electric distribution system serving New Jersey.
- Incentives are applicable only for RES systems integrated with behind-the-meter, net metered, Class 1 renewable energy installations sized no greater than 100% of the host site’s historic annual electric consumption.
- Incentives are limited to electric storage systems only. Thermal storage systems (e.g., those that store energy in the form of ice or hot water) are ineligible.
- The proposed RES system must have a minimum energy storage capacity of 100 kWh. There is no requirement for power capacity (kW).
- The host site facility must be served under a non-residential utility tariff and owned by a customer that pays the Societal Benefits Charge (SBC) on their utility bill.
- The system must be installed in accordance with requirements specified in the RES online application and it must come with an owner’s manual.
- Only new commercially available and permanently installed equipment is eligible for incentives. Portable systems are not eligible to participate in this program.
- The applicant must receive an approval letter prior to commencing installation.
- Once approved, applicant will have 12 months from the date of the approval email to satisfy all program requirements. Applicants may request a six month extension by documenting unexpected delays, but will forfeit 10% of their incentive award.
- The installation must comply with the provisions of the National Electrical Code (NEC) and all other applicable local, state, and federal codes. All required permits must be properly obtained and posted.
- Inspections must be performed to ensure compliance with electrical, building and any other applicable codes. An inspection by a state-licensed electrical inspector is mandatory.
- Renewable electric storage systems must be properly installed according to manufacturer’s instructions and must comply with interconnection requirements of the local EDC.
- System wiring must be installed in accordance with the provisions of the NEC.
- Warning labels must be posted on the control panels and junction boxes indicating that the circuits are energized by an alternate power source independent of utility-provided power.
- Operating instructions must be posted on or near the system, or on file with the system owner and accessible by site personnel.
- Projects must include metering equipment to record electricity that is delivered both to and from the storage system.
Terms and Conditions
- The applicant is responsible for submitting all forms and documents and for communications regarding the application.
- The applicant and host site (if different from applicant) must agree to NJCEP site inspections before and after the RES system is installed. The applicant and host site must also agree to allow a NJCEP program representative to verify the system’s performance for the life of the system.
- Before scheduling the second NJCEP site inspection (i.e., after equipment is installed), the rebate recipient must provide a W-9 form, and the host site must submit a Tax Clearance Certificate.
- NJCEP reserves the right to modify or withdraw this program at any time. Approved projects will be honored under the terms stated in the approval letter.
- Installation must comply with the host EDC’s interconnection requirements. These requirements include operation/disconnection procedures, liability/indemnity and insurance requirements according to the size of the project. Information on interconnection can be found here, or contact your EDC.
- The applicant must comply with the installation requirements and install the system according to the manufacturer’s instructions.
- If anything is changed from the original application, an updated application must be submitted prior to inspection of the installed system. The energy storage capacity of the RES system can be changed after an approval letter is issued. However, if the capacity is increased, the incentive commitment will remain unchanged. If the capacity is decreased the incentive will be decreased by a prorated amount. Capacity cannot be decreased below 100 kWh.
- Information may be subject to the Open Public Records Act (OPRA) requirements. Aggregated information will be used in reports and evaluations, and the geographic location will be used to update GIS mapping.
- All installations must comply with all applicable local, state and federal laws, permit requirements and regulations.
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