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Renewable Energy Now!
How to Eliminate Your Electric Bill
The biggest
incentive ever to promote alternative, renewable energy to residential
customers was approved on March 1, 2001, by New Jersey’s Board of
Public Utilities. The electric and gas utilities are promoting programs
for compact, clean and renewable sources of energy, such as fuel cells,
solar electric systems and wind generators.
All
New Jersey customers – residential, commercial and industrial –
have opportunities to increase comfort and save energy.
Sky
Sims of Ecological Systems, the first company to be approved for the NJ
subsiidies for installation, says “This is an exciting time for
these proven technologies. The national energy emergencies coupled with
state grants gives everyone the opportunity to obtain their own private
generating system, free from price increases, shortages and pollution.”
He adds that “if enough people take advantage of this, it will avert
the use of more dirty technologies.”
Installation
of energy efficient equipment, adoption of energy-saving practices and
renewable energy generation reduce the need to add conventional power
plants while improving overall system reliability.
Clean
Energy for New Jersey —You Can Make a Difference
Whether
you’re running a home or a business, energy is essential. It powers
our modern way of life. Traditionally, natural resources have been used
to generate electricity. We are consuming energy at an ever-increasing
rate and if we use our resources in a smart, efficient way, we will likely
have plenty to enjoy in the future. Renewable and clean energy generation
systems allow you to generate your own electricity, and can help you make
a difference in conserving energy, preserving natural resources and protecting
the environment. You can become more self-reliant, save on costs, and
help make the world a cleaner, healthier place to live.
What
is the Clean Energy Program?
The
Clean Energy Program will provide financial incentives to homeowners and
small businesses to install a qualified clean energy generation system
where they live or work. These systems will enable you to produce your
own electricity while, at the same time, helping to protect the environment
and helping to reduce the strain on the electric transmission and distribution
systems (the grid). The program supports technologies such as fuel cells,
photovoltaic (solar electricity), small wind turbines and sustainable
biomass equipment. The program will provide you with information that
will help you become more energy-efficient. You’ll learn about technology
basics, what costs to expect, the benefits you’ll enjoy, and how
to be an informed shopper.
Program Features & Benefits
Do you want to help reduce pollution or reduce dependence on fossil fuels
supplies? Are you interested in installing a clean energy system to help
protect the environment, or to help preserve natural resources, and make
a long-lasting commitment to the planet’s future? You may want to
install a clean energy system to increase your independence by producing
your own electricity while knowing that the electric grid will still be
there when you need it. Whatever your motivation is, this program will
provide you with extensive support and educational materials, both online
and in print.
To get
started, the Federal Office of Energy Efficiency and Renewable Energy
(EREN) offers you helpful information by visiting www.eren.doe.gov and
click on the Solar and Hydrogen links.
Incentives — It Pays to Get With the Program
Participating utilities will pay you up to 60% to reduce the initial cost
of your system, including installation and interconnection costs. Incentives
will be a fixed amount that will decrease over time as the total number
of clean energy systems installed under this program increases. The levels
of incentives are:
System Output. . . . . . . . . . . . . . . . . . . . . . . Incentive
Small Systems (<10kW) . . . . . . . . . . . . . . $5.00/Watt
Medium Systems (>10-100kW) . . . . . . . $4.00/Watt
Larger Systems (>100 kW) . . . . . . . . . . . $3.00/Watt
Maximum incentive as a percentage of eligible system costs: 70%
Additional
Federal Tax Credit for Businesses: 10%
Program Eligibility
To participate in the program, you will install either fuel cells, photovoltaic,
small wind, or sustainable biomass technologies. Systems will be sized
to meet your individual electricity needs (your local load or demand).
You can receive financial incentives through the grid-supply or market
development programs. The Clean Energy Program’s financial incentives
are applicable only for: new components systems installed in New Jersey,
systems that include at least a 5-year all-inclusive warranty, with the
exception of fuel cell stacks Systems must be installed as per specifications.
Guidelines for Participation Include:
1. Homeowners and retailers must submit a completed Clean Energy Systems
Pre-Installation Rebate Application and appropriate Technical Worksheet
and receive a commitment letter approving the rebate from their utility
prior to equipment installation.
2. The Pre-Installation Application must include information demonstrating
that the proposed system will meet all applicable technical and certification
requirements.
3. Systems must be installed within 6 months of the Pre-Installation Application
approval date for small (less than or equal to 10kW) systems and within
12 months for medium (greater than 10kW) systems.
4. Applicants must permit inspection of eligible systems. Program administrators
will inspect installations prior to issuing the rebate incentive.
5. Rebate dollars will be reserved based upon the date of the approved
Pre-Installation Application.
6. Applicants must pay for all interconnection costs required by their
electric utility (other than the portion covered by the rebate). NY Governor,
PSC
Increase
Support for Wind Energy
In January of this year, the New York Public Service Commission (PSC)
increased funding for wind, solar and biomass energy sources and for energy
conservation.
The Commission will provide $47.5 million over five years for development
of large-scale wind farms and encourage the use of small wind turbines
on farms and rural homesteads. Over the next five years the funding is
expected to result in construction of over 200 megawatts of wind turbine
generating capacity in New York State, enough to meet the annual energy
needs of 84,000 homes.
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