1 / 6

The New Jersey Renewable Energy Manufacturers Incentive (NJREMI)

The New Jersey Renewable Energy Manufacturers Incentive (NJREMI). Larry Barth Renewable Energy Committee Meeting April 21, 2009. Background. Energy Master Plan and Governors Economic Growth Strategy define ambitious goals for job creation

kaelem
Download Presentation

The New Jersey Renewable Energy Manufacturers Incentive (NJREMI)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The New Jersey Renewable Energy Manufacturers Incentive (NJREMI) Larry Barth Renewable Energy Committee Meeting April 21, 2009

  2. Background • Energy Master Plan and Governors Economic Growth Strategy define ambitious goals for job creation • Stakeholder comments reflect different views on how to get there: • Solar Alliance does not support rebates but prefers direct incentives to manufacturers • EPV supports modifications to solar REC • OCE has asked Market Manager to develop proposal to extend CORE manufacturing incentive to REIP program

  3. Eligibility • Solar panels or inverters • In 2010 will consider other technologies • 50% manufacturing cost test includes labor, overhead, raw materials • Alternatively any company supported by EDA CEMP

  4. Panel Rebates

  5. Inverter Rebates

  6. Other Highlights • Only available for REIP projects (unless applied for and approved under CORE and project is not yet complete) • Extension to projects up to 500kW • $1 million commitment cap in 2009 • Customers can take advantage of both panel and inverter incentives • NJREMI will be added on tech worksheet • Attestation and proof of purchase documentation required with final paperwork

More Related