Last Updated June 23, 2023
Program Overview
Category:
Financial Incentive
State:
New Jersey
Incentive Type:
Rebate Program
Administrator:
N/A
Start Date:
06/08/2022
Expiration Date:
12/31/2026
Applicable Sectors:
N/A
Eligible Renewable/Other Technologies:
N/A
Summary
Jersey Central Power & Light Company (JCP&L) received approval for its EV Driven Program offerings from the Board of Public Utilities in June 2022 (BPU Docket No. EO21030630). Infrastructure incentives are for costs incurred after July 15, 2022. Participation in programs requires the installation of qualifying Level 2 or DC Fast Charging equipment, see program website for specifications.
Rate credit programs are expected to be offered until July 15, 2026. Infrastructure incentives are expected to last through December 31, 2026.
JCP&L's EV Driven consists of three sub-programs:
- Residential Sub-program
- Make-ready infrastructure incentives (2,000 ports)
- Utility: up to $5,500/site, Customer: up to $1,500 per port
- On-Bill Rate credit: Quarterly credit payments for net off-peak charging (determined by subtracting on-peak charging kWh from off-peak charging kWh).
- BGS TOU rate credit: $0.02/kWh credit for customers with eligible chargers for net off-peak charging kWh.
- Mixed-Use Commercial Sub-program (incentives require at least 2 ports and up to 10 ports per site)
- Multifamily make-ready infrastructure incentives (150 ports):
- Utility: up to $11,100/site, Customer: up to $6,700/port ($8,375 in overburdened communities)
- Multifamily dwellings in non-overburdened communities must have 5+ units.
- Workplace make-ready infrastructure incentives (100 ports):
- Utility: up to $11,100/site, Customer: up to $5,000/port
- Public Level 2 Charging make-ready infrastructure incentives (500 ports):
- Utility: up to $11,100/site, Customer: up to $6,700/port
- Rate credit program: $0.02/kWh credit for customers in multifamily dwellings with eligible chargers, awarded quarterly. For customers on commercial rates enrolled in this program, EV charging will be billed at the equivalent residential tariff rate.
- Public DC Fast Charging Sub-program (requires at least 2 ports and up to 10 ports per site)
- Make-ready infrastructure incentives (248 ports):
- Utility: up to $50,500/installation (124 sites), Customer: up to $25,000/port.
- Demand charge discount: Participants in this program receive a discount on demand-charges associated with the DCFC ports. 50% in program years 1 and 2, 25% in program years 3 and 4.
Questions should be directed to the Program Implementation team at NJEVDriven@firstenergycorp.com