Businesses
Government-funded
$200K
per applicant
Subsidy
Ongoing cost support
Rolling
No fixed cutoff
Rolling
No fixed cutoff
Moderate
Standard state application
Provides incentives for behind-the-meter battery storage systems in New Jersey, supporting the state's goal of 2,000 MW of energy storage by 2030 and improving grid resilience.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Must be a New Jersey electric utility customer (JCP&L, PSE&G, ACE, or Rockland Electric)
2.Battery storage system must meet minimum size and technical specifications
3.Incentives paid as upfront capacity payment plus performance-based payments
4.System must be enrolled in and respond to utility demand response dispatch signals
5.Installation by NJ-licensed electrical contractor required
DOE · United States
30% investment tax credit for qualifying advanced energy manufacturing projects, including EV components, solar and wind equipment, energy storage, and grid infrastructure. Part of the Inflation Reduction Act's $10 billion allocation to reindustrialize domestic clean energy supply chains.
NJEDA · New Jersey
Tax credits for businesses creating or retaining at least 35 full-time jobs (25 in South Jersey / 10 for small businesses) at qualifying wages. Credits of up to $8,000 per job per year for 7 years, totaling up to $56,000 per job, for projects in targeted industries and locations.
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.