$5.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Low-interest loans ($100K–$5M) and grants (up to $500K for nonprofits/affordable housing) for NJ commercial building owners implementing net-zero energy upgrades including solar, battery storage, heat pump HVAC, and EV charging.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Commercial or industrial building owner in New Jersey
2.Project must achieve net-zero or significant emission reduction
3.Eligible: solar PV, battery storage, heat pump HVAC, LED, insulation, EV charging
4.Buildings in Opportunity Zones receive enhanced incentives
5.Projects must be completed by licensed NJ contractors
NM TRD · New Mexico
10% income tax credit for commercial solar PV and thermal installations, plus a separate 5% credit for battery storage. Combined with the federal ITC, New Mexico businesses can offset 40–50% of clean energy project costs.
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.
NJEDA · New Jersey
Refundable credit of 20%–25% for investments in New Jersey emerging tech companies. Investments in companies in Garden State Growth Zones or those majority-owned by women or minorities receive the 25% rate. Companies must have under $5M in revenues and be NJ-based.