Buyer's Guide 2024

New Jersey Zero Emission Incentive Program

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Financial Incentive
Program Type
Rebate Program
Implementing Sector
State
State
New Jersey
Eligible Storage Technologies
Medium-Duty Electric Vehicles, Electric School Buses, Electric Transit Buses
Incentive Amount
8,501 - 10,000 lbs (Class 2): $25,000
10,001 - 14,000 lbs (Class 3): $55,000
14,001 - 16,000 lbs (Class 4): $75,000
16,001 - 19,500 lbs (Class 5): $85,000
19,501 - 26,000 lbs (Class 6): $100,000

Woman, minority, or veteran owned business: $4,000 bonus per vehicle
Small business: 25% increase in base voucher amount per vehicle
Small business vehicle scrappage bonus: $2,000 per vehicle scrapped and replaced
NJ manufacturing bonus: 25% increase in base voucher amount per vehicle
Driver readiness and education bonus: $2,000 per vehicle
Administrator
New Jersey Economic Development Authority
Applicable Sectors
Commercial, Local Government, Nonprofit, Schools, Institutional
Budget
$15 million
Start Date
04/06/2021
Last Updated
01/08/2022

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