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RETROFIT NJ Program
New Jersey — state programGrant awards ranging from $2.5 to $12.5 million; minimum grant award size is $2,500,000; maximum grant award size is $12,500,000 per project/EIN for Thermal Energy Networks (TENs) and $10,000,000 per project/EIN for all other projects; maximum disbursement of 50% of total eligible project costs for
A $75 million pilot grant program administered by the NJEDA to provide financial assistance to multi-pronged, large-scale retrofit projects that enable holistic energy improvements at buildings, campuses, and multi-building facilities in New Jersey. Grants reimburse eligible hard and soft construction costs (design, equipment, construction, commissioning) for projects that significantly reduce carbon emissions. Funded by Regional Greenhouse Gas Initiative (RGGI) proceeds.
Program details
- Type
- grant
- Amount
- Grant awards ranging from $2.5 to $12.5 million; minimum grant award size is $2,500,000; maximum grant award size is $12,500,000 per project/EIN for Thermal Energy Networks (TENs) and $10,000,000 per project/EIN for all other projects; maximum disbursement of 50% of total eligible project costs for
- Eligibility
- For Thermal Energy Networks: Commercial, Industrial, or Institutional building owners OR equivalent tenants. For all other project scopes: 'Institutional' building owners or tenants serving a non-profit or public purpose, or private manufacturing building owners/tenants. Buildings must be existing, located in NJ, and meet specified property classes (4A, 4B, 4C, 15A–15F). Projects must involve Thermal Energy Networks OR include work from at least three eligible scope categories (with at least one being on-site renewable energy generation or on-site energy storage). Minimum total eligible projec
- Status
- open
- Administrator
- New Jersey Economic Development Authority (NJEDA)
- More Info
- https://www.njeda.gov/retrofit/
Source: New Jersey — state program. Confirm current terms with the administering agency before applying.