Combined Heat and Power Partnership
Small Scale CHP and Fuel Cell Incentive Program
dCHPP Glossary (PDF) (2 pp, 53K)
|Date Last Updated||7/15/2013|
|Incentive Administrator/Contact Office||New Jersey Board of Public Utilities|
|Incentive Initiation Date||6/14/2012|
|Incentive Size and Funding Source||The New Jersey Board of Public Utilities offers incentives for CHP and Fuel Cell systems. Incentives below represent a combination of NJCEP and Utility incentives. Utilities offer incentives for CHP and Fuel Cells ranging from $0 up to $1,000,000 and NJCEP will provide an incentive that meets the combined incentive shown below, up to a maximum of $2,000,000. The percent of project cost caps listed below will be maintained.|
Any facilities that participated in Pay for Performance prior to applying for CHP or fuel cell incentives will be eligible for an additional $0.25 per Watt (up to $250,000) from NJCEP, not to exceed the percentage project cost caps listed above, or a combined utility plus NJCEP incentive of $2.25 million, whichever is less. CHP systems powered by Class 1 Renewable Fuel Sources are not eligible to Pay for Performance Bonuses.
|Eligible Recipient||Owners of CHP and fuel cell systems with recovery and productive use of waste heat that are located on-site and installed in New Jersey are eligible. Applicants must be contributors to the Societal Benefits Charge fund.|
|Eligible Fuel||Does Not Specify|
|Eligible Project Size (MW)||Less than or equal to 1.0 MW.|
|Minimum Efficiency Required (%)||CHP or Fuel Cell systems with waste heat utilization must achieve annual system efficiency of at least 60%; electric only generation must achieve 45% electrical efficiency.|
|Other Selected Eligibility Criteria||Additional Requirements: |
|Application Form(s)||CHP Application Package|
|Other Incentive Details||For systems greater than 1 MW and seeking larger incentives, please refer to the BPU Large Scale CHP/Fuel Cells Program. CHP systems powered by Class 1 renewables must apply through the REIP Program under the NJCEP|
Incentives will be paid as follows: 20% of the incentive upon proof of equipment purchase; 60% upon project completion and verification of installation; 20% one year after project inspection and confirmation the project is achieving the proposed and/or minimum efficiency threshold.