January 28, 2013
Re: Enhanced Clean Energy Program Incentives to Assist Hurricane Sandy Flood Victims
The Christie Administration today announced that enhanced financial incentives are available to assist storm victims rebuild from Hurricane Sandy’s devastation. The N.J. Board of Public Utilities (BPU) has increased rebate levels and expanded the list of qualifying equipment and products under New Jersey’s Clean Energy Program (CEP) to help residents, businesses and local government entities replace storm-damaged equipment and appliances with more energy-efficient products.
To assist those who may have already replaced qualifying products, the new incentives and program changes are retroactive to October 29, 2012, and will remain in effect until funds are exhausted.
The CEP is increasing rebate levels by $200 for residents who choose high energy-efficient equipment and appliances, such as furnaces, boilers and water heaters, to replace items damaged by flooding caused by Hurricane Sandy. Also, the Board waived the Smart Growth requirement for customers who are completely rebuilding their homes or businesses as a result of Sandy’s devastation.
The CEP is also offering increased incentives for commercial, industrial and local governmental entities that have or will need to purchase new equipment, as well as adding new incentives for qualifying food service equipment. This equipment includes commercial dishwashers, fryers, griddles, ovens and refrigeration, etc.
The enhanced incentives are available until approximately $45.5 million in current CEP budget funding is exhausted. Since the rebuilding process will be ongoing with some homeowners and business owners possibly not rebuilding until later this year, additional enhanced incentive funding may be approved by the Board in the CEP 2014 Budget, which begins July 1, 2013. If approved, enhanced incentives will be available to storm victims into the new fiscal year.
For more information on rebate amounts, qualifying equipment and appliances, eligibility and how to apply, please visit the NJ Clean Energy Program website at: www.NJCleanEnergy.com
Very truly yours,
William G. Dressel, Jr.