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Renewable Energy Incentive Program (REIP) 2010 Operations Update

Renewable Energy Incentive Program (REIP) 2010 Operations Update. Tammy Gray Senior Operations Specialist. FC2 Applications and Approvals. All REIP applications that could be funded with FC2 budget have been approved. 575 residential 78 Non Residential

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Renewable Energy Incentive Program (REIP) 2010 Operations Update

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  1. Renewable Energy Incentive Program (REIP)2010 Operations Update Tammy Gray Senior Operations Specialist

  2. FC2 Applications and Approvals • All REIP applications that could be funded with FC2 budget have been approved. • 575 residential 78 Non Residential • All REIP applications that could not be funded in FC2 have been returned to the customer and the installer has been emailed a list of their projects. • August 9th deadline for sending in the Non Residential Application Conversion Acknowledgement form has expired. All remaining applications have been returned and the customer can resubmit the application with the signed form to convert to the SRP Program.

  3. SRP Application Trend 384 266 191 90 54 30 29 21 • 397 Non Residential • 668 Residential (75% Residential PPA) • 59 were conversions from FC2

  4. Check Batch Processing and Assigning NJ Certification Numbers • Includes complete and rebate processing status • 815 projects currently in QC/QA Status

  5. Check Batch Processing and Assigning NJ Certification Number Timeline • Due to the high volume of completions the processing timeframe has increased to 6-8 weeks from the date the final document is received for check batch processing and assigning NJ Certification numbers • If there are missing documents from the final paperwork, the installer will be emailed once. Processing team will not send a follow up email • Processing team cannot respond to emails requesting project status update. Use the status report on our website njcleanenergy.com.

  6. Apps. received vs. Budget for wind & biopower ** $439,165 rebate incentives are still available for new applications to be approved in 2010

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