New Jersey Commercial Charger Ready Program
As an owner or manager of a multifamily property or business, you can save up to 90% of the “make ready” costs to install Level 2 or DCFC chargers for your tenants, customers, employees, or your own fleet of light-duty vehicles.
How to Get Started
Make sure your commercial property is EV ready. You’ll need a licensed electrician to install new Level 2 or DCFC charging stations.
If you need new or upgraded service for your project, you will need to submit a service request through our Project Center.
Qualified Expenses
Materials and labor related to upgrading the infrastructure up to the charging station on the utility as well as customer side.
Utility side costs may include traditional distribution infrastructure that will be owned by RECO, such as step-down transformers, overhead service lines, and utility meters. Customer-side costs may include conductors, trenching, and panels needed for the EV charging station.
The program does not cover any equipment or labor related to the EV charger, pedestal, ongoing maintenance costs, or software costs.
What’s Required
- Limited to utility-sided and customer-sided equipment for EV chargers installed in the RECO service territory on or after the Effective Date.
- Multi Family Dwellings (MFDs) will qualify for Tier 1 or Tier 2, depending upon whether they are located in an Overburdened Community. To receive incentives, Level 2 plugs in MFDs do not need to be publicly accessible.
- Utility-sided costs include the costs for utility-sided equipment, which are in excess of the customer’s entitlement and that would typically be borne by a Participant
- Customer-sided costs may include service panels, junction boxes, conduit, and wiring necessary to make a location able to accommodate an EV charger on a “plug and play” basis
- EV charger costs are not eligible for an incentive
- The customer will own the EV charger and be solely responsible for its operation and maintenance.
- DCFC stations with more than ten plugs and/or demand in excess of 2MW will only be allowed to participate in the Charger Ready Program if development of the site does not cause RECO to incur new business costs greater than the cost that would be incurred to develop a site with a maximum demand of 2MW
- For DCFC stations, the number of plugs eligible for the incentive will be defined as those plugs capable of simultaneously charging at 50 kW or greater.
- DCFC stations must comply with Federal Americans with Disabilities Act guidelines.
- Publicly accessible chargers (including those not located at workplaces or MFDs) must be listed on the U.S. Department of Energy Alternative Fueling Station Locator.
- To receive Charger Ready incentives, customers must agree to permit the Company to share their AMI data, related to the meter associated with their EV charger, with the New Jersey Board of Public Utilities on a confidential basis, as part of program reporting.
- Site hosts must guarantee public accessibility and operational functionality in a manner consistent with the definitions for publicly accessible plugs and operational requirements as defined in Attachment D.
- Level 2 chargers located at MFDs that take service under RECO’s Service Classification (SC) No. 1 residential rate must be separately metered. The separate meter can be installed at the time of charger installation or at a later date and must be installed prior to receiving service under SC1. This option is not available to DCFCs installed at MFDs.
|
Commercial Incentives |
Program Incentive |
Incentive Cap |
Program Plug Cap |
|---|---|---|---|
|
Commercial Incentives Maximum Incentive for Level 2 plugs |
Program Incentive The incentive paid will be the greater of the eligible costs incurred or the maximum per plug incentive, as follows: • For Utility-sided costs: maximum per plug is $4,400 • For Customer-sided costs: maximum incentive per plug is $9,200 |
Incentive Cap No cap on # of chargers installed |
Program Plug Cap Level 2 Plugs: 413 |
|
Commercial Incentives Maximum Incentive for DCFC plugs |
Program Incentive The incentive paid will be the greater of the eligible costs incurred or the maximum per plug incentive, as follows: • For Utility-sided costs: maximum per plug is $2,000 • For Customer-sided costs: maximum incentive per plug is $81,000 |
Incentive Cap No cap on # of chargers installed |
Program Plug Cap DCFC Plugs: 30 |
Overburdened Communities
Incentives for customers that are within an overburdened community (OBC), as defined by the NJ Department of Environmental Justice, can receive a higher incentive as compared to a similar project that is outside of an overburdened community. Click here to view our incentive levels and criteria.
To check If the site you are considering is within an OBC, you can do an address search by registering for and logging into the company’s Hosting Capacity and System Data Map.
Multifamily Dwelling (MFD) Commercial Customers Eligibility Requirements
The Residential and Commercial Charger Ready Programs are designed to allow both Multifamily Dwelling (MFD) owners and tenants to participate. Both owners and tenants will follow the same and equipment and operational eligibility requirements as the Charger Ready Residential and Commercial Programs, as described in the Charger Ready Program Manual. With a focus on “make-ready” support, the MFD Charger Ready Programs provide incentives toward pre-wiring of electrical infrastructure at residential or commercial parking spaces to facilitate easy and cost-efficient installation of smart Level 2 (L2) and Level 3 (DCFC) EV chargers.
Click here to confirm which program, Charger Ready Residential or Charger Ready Commercial, your MFD project qualifies to participate in.
How to Apply
We are no longer approving new applications for DCFC chargers; instead, new applications will be added to a waitlist contingent upon the program receiving additional funding. After reviewing the Charger Ready program eligibility requirements, commercial customers can submit an application through our online portal when their project is completed.
You’ll need:
In addition to completing an application, commercial customers must submit required supporting documentation:
- Valid RECO Electric Account # of the charger installation location. This will be a required field during application submission.
- Installation Invoice which must include:
- Electrical company/contractor letterhead
- Address matching electrical service address
- Installation date on or after the Effective Date, 10/12/2022
- Invoice must be marked as paid/completed before final incentive payment
Have Questions?
Please consult the RECO Charger Ready Program Manual for further program details.