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2009 Renewable Energy Program Summary of Changes

Learn about changes in the 2009 Renewable Energy Program, including incentive updates, application procedures, and technical requirements. This summary covers alterations to rebate levels, application criteria, program monitoring, and equipment eligibility. Stay informed to maximize benefits for your renewable energy projects.

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2009 Renewable Energy Program Summary of Changes

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  1. 2009 Renewable Energy Program Summary of Changes

  2. Program Design • Program Consolidation • Allocation of Resources • Funding Cycles • Capacity Blocks – linked to rebate amount – rebate amount fluctuates block to block • Program to be monitored • Incentive Design • Solar New Rebate Levels • LTE 10 kW – Residential Rebate $1.75/W w/audit, $1.55/W wo/audit • 0-50 kW – Commercial Rebate $1.00/W • Greater than 50 kW – No rebate for entire project • Wind and Biomass remain unchanged

  3. Program Design • Application Process • New Application and forms for required for 2009 Program • Newly signed contract required for 2009 Program • Application returned if deemed incomplete or if funding is expended • Projects must receive an approval letter prior to start of installation • Renewable energy project incentives are capped at the size of initial application • Reservation Commitment • Expiration period shall be maintained at 12 months for residential projects

  4. Program Design Open Items • Incentive Design • No specific incentive for Fuel Cells • Methodology of calculating a residential rebate for hybrid systems consisting of capacity and production based rebates shall adhere to the production based cap • Equipment eligibility for New Jersey Manufacturer’s incentive • CHP shall be eligible for C&I CHP funding and renewable biomass incentive • Past Participation • Entity Caps shall correspond with reduced rebates for smaller systems and reduced levels of funding • Expanded Project Cap adopted to prevent gaming of 50 kW rebate cap

  5. Technical Requirements • QC to QA Transition • Implemented by end of Q2 2009 • Training required of installers • Monitoring requirements established • Ongoing evaluation of contractor and program performance • An inspection will be requested for all projects • Verification of Reported Generation • System metering required of all projects • Estimated performance eliminated for small projects • Date of REC Generation • Established to be the interconnection date • Interconnection date will need to be provided by the appropriate utility

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