New Jersey Board Releases Updated Proposal for Energy Storage Incentive Program

New Jersey Board Releases Updated Proposal for Energy Storage Incentive Program

The New Jersey Board of Public Utilities has released a proposal for the 2024 New Jersey Energy Storage Incentive Program creating two segments for incentives: front-of-the-meter or “grid supply” projects and behind-the-meter or “distributed storage” projects.?The state expects to launch the grid supply segment of the program in 2025 and the distributed storage segment in 2026.

New Jersey Board Releases Updated Proposal for Energy Storage Incentive Program Click the?Link to Read the Whole Article: New Jersey Board Releases Updated Proposal for Energy Storage Incentive Program

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