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Renewable Electric Storage

The Renewable Electric Storage Program provided financial incentives for electric energy storage systems that are integrated with Class 1 renewable energy projects installed behind-the-meter at non-residential customer sites. It seeks to benefit New Jersey ratepayers by supporting the installation of renewable electric storage systems in government, commercial, institutional and industrial entities for the purpose of providing emergency back-up power for essential services, offsetting peak loads by shifting electricity to hours of higher demand and/or helping to stabilize the electric distribution system through the provision of frequency regulation services. 

Information regarding RES projects approved to date can be found below:

Renewable Electric Storage
Project Pipeline as of January 7, 2019
Interconnection Type Project Quantity Power Capacity (kW) Approved Incentives
Behind the Meter 2 650 $210,600

 

Installations as of January 7, 2019
Interconnection Type Project Quantity Power Capacity (kW) Paid Incentive
Behind the Meter 1 1,000 $300,000

 

Program Status

The Renewable Electric Storage program is not funded at this time and is not accepting any new applications. Any changes to this status will be posted here.

On March 7, 2019 the staff of the New Jersey Board of Public Utilities invited all interested parties and members of the public to provide comments on a number of issues to assist the BPU in the preparation of an Energy Storage Analysis (ESA). Comments are due by March 20, 2019. 

Questions may be submitted by email to Storage@NJCleanEnergy.com

Stakeholder Group

Please visit the Renewable Electric Storage Stakeholder Group page for information on upcoming meetings or to subscribe to the listserv to receive communication on this topic.

 



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