Summary of NJ Incentives:

NJ offers several incentives for MUD, Mixed Use, & Commercial Sites to install EV publicly accessible charging equipment:

• NJ DEP It Pays to Plug In (IPPI) incentive program for Charging Equipment
• Make Ready Incentive via utility company

Local utility company make ready incentives available through the local utility:

• Customer side makes ready:
  • L2 Mixed Use, Make Ready: up to $30k per site
    (max of 4 chargers/site @ up to $7.5k each)
  • DCFC, Make Ready: up to $100k per site
    (max of 4 chargers/site @ up to $25k each)

• Utility side make ready:
  • L2 Utility Service Upgrade: up to $10k for pole
    to utility meter service upgrades
  • DCFC Utility Service Upgrade: up to $50k for pole to utility
    meter service upgrades
  • Can combine with state and federal grants, but total for all
    incentives not to exceed 90% of project cost
• For more info, click: here

• Customer side makes ready:
  • L2 Customer makes ready: up to $6,700 per port
  • DCFC Customer makes ready: up to $25,000 per port

• Utility side makes ready:
  • L2 Utility make ready: up to $11,000 per site
  • DCFC Utility make ready: up to $50,500 per site
• For more info, click: here

• Customer side makes ready:
  • L2 Customer make ready: 50% up to $4,500 per port
  • DCFC Customer make ready: 90% up to $60,000 per charger
    (2 charger max per site)
  • Can combine with state and federal grants, but total for all
    incentives not to exceed total project cost

Net Project Cost: may be as low as $2,500 (project cost of $18,000 minus max incentive of $15,500, but incentive not to exceed 90% of project cost)

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