Program | PSE&G Electric Vehicle Charging Program |
---|---|
Category | Financial Incentive |
Implementing sector | Utility |
Last Update | |
State | New Jersey |
Website | https://nj.myaccount.pseg.com/myservicepublic/electricvehicles |
Start Date | |
Sectors | Residential |
Public Service Electric & Gas (PSE&G) launched its Clean Energy Future - Electric Vehicle Program in June 2021. Ad of January 27, 2023, the program had $4.4 million in remaining funding.
The EV Program has a residential, commercial, and public DC Fast Charging subprogram, each with individual eligibility requirements outlined on the program website.
The Residential Subprogram offers an on-bill credit of $1,500 toward the cost of customer-side upgrades for installing a Level 2 EV Charger. Customers can also qualify for up to $5,000 of utility-side make ready upgrades to support EVSE installations. Customers may receive a credit of $0.02/kWh for charging during off-peak times.
The Commercial Subprogram offers on-bill credits of up to $30,000 per site for customer-side make-ready assets, $7,500 per eligible Level 2 charging port. Customers are also eligible for an up to $10,000 reduction in utility-side make-ready upgrades to support the EVSE.
The DC Fast Charging Subprogram offers an on-bill credit of up to $100,000 for customer-side make-ready work, up to $25,000 per DCFC port installation. If there are customer costs to upgrading utility-side infrastructure to support this work, customers are eligible for a reduction of up to $50,000 in that cost. Customers may be eligible for demand charge rebates as well.