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Discussion of proposed changes & budgets for clean energy incentives focusing on C&I markets. Evaluation of technologies, incentives for schools, municipalities, and small businesses. Adjustments to lighting, motors, and small CHP programs.
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Public Hearing on New Jersey’s Clean Energy Program BudgetC&I Market Manager September 7, 2012 Presented by TRC Carl P. Teter, P.E. Associate Vice President
Proposed Program Changes • Local Government Energy Audits:Starting on January 1, make incentives available only to schools interested in initiating an ESIP program • Direct Install: Continue with the DI program for small businesses but increase focus on small schools and municipalities • C&I Retrofit and New Construction: Reevaluate technologies that receive incentives • Lighting: T12 and incandescent phase out • Premium Efficiency Motors
Proposed Program Changes • Small CHP: Reduce overall incentive cap to $1 million from $2 million. • All incentive levels remain the same • Pay for Performance bonus incentive ($.25/watt) is not limited by the cap – the total maximum with the bonus incentive is $1,250,000 • Pay for Performance – no recommended changes • Programs recommended for temporary suspension • Large Energy Users Pilot • Pay for Performance New Construction • Current participants of these programs will be able to continue participation but no new applications will be accepted.