The New Jersey Board of Public Utilities approved
approximately $1.38 million in combined heat and power (CHP) and energy
efficiency incentives for projects in Morris and Passaic counties. The
incentives, provided through New Jersey’s Clean Energy Program™ (NJCEP), will
make possible more than $3.33 million in distributive generation and energy
efficient upgrades, saving the recipients a combined $451,288 in annual energy
costs and reducing existing demands on the electric power grid which benefit
all ratepayers.
