The New Jersey Board of Public Utilities (NJBPU) recently committed funds to the third year of its Charge Up New Jersey Program.
The program provides financial and other incentives to residential customers, businesses, and schools that install high-efficiency or renewable energy technologies. It provides electric vehicle (EV) incentives of up to $4,000 at the time of the purchase or lease of a new EV.
“The Charge Up New Jersey Program has been one of the great success stories of the Murphy Administration,” NJBPU President Joseph L. Fiordaliso said. “As we fight the ravages of climate change, it is increasingly important to dramatically reduce the greenhouse gases generated by gas-guzzling cars and encourage New Jerseyans to drive electric. The Charge Up Program has been an incredibly popular incentive that has put more electric vehicles on New Jersey roadways.”
Residents must have ordered, purchased, or leased an eligible EV in New Jersey between July 25, 2022, and April 17, 2023.
The program launched on July 25, 2022. By the end of that year, there were more than 91,000 EVs on New Jersey roadways.
NJBPU is a state agency and regulatory authority mandated to ensure safe, adequate, and proper utility services at reasonable rates.