New Jersey Board of Public Utilities approves over $2 mln in energy efficiency incentives
The New Jersey Board of Public Utilities recently approved over $2.3 million in incentives for three energy efficiency initiatives, which are expected to save approximately $1.3 million annually in energy savings.
The three projects will be conducted at the Ocean County Justice Complex, the Teaneck Marriott at Glenpointe, and Acutecare Management Services, LLC’s Oceanport Fort Monmouth Hospital.
Ocean County will receive $1.1 million for the construction of a 600-kilowatt combined heat and power (CHP) system. The system will generate electricity for the Ocean County Justice Complex and capture waste hear for space heating, cooling and water heating. It will have black start capability and a 72.7 percent efficiency rating.
The CHP unit will produce 4,777,872 kilowatt-hours (kWh) of electricity for the Ocean County facility and provide waste heat recovery equal to approximately 13,259 MMBtus of natural gas. The upgrades will save about $383,00 each year.
Acutecare Management Services was awarded $690,000 for the installation of a 345 kW CHP system. The system will create a energy cost savings of approximately $704,565 annually and produce 2,566,452 kWh of electricity, while also providing an estimated 21,027 MMBtus of natural gas in waste heat recovery.
Alfred Sanzari Enterprises, Inc. will receive $575,770 for energy efficiency improvements to the company’s Teaneck Marriott at Glenpointe in Teaneck, New Jersey. The improvements will reduce total energy usage by an estimated 30.8 percent and save approximately 2,325,738 kWh of electric, as well as reduce peak demand of 167.4 kW. In addition, the upgrades will result in 12,743 MMBtus of natural gas savings each year.
The incentives were provided through The New Jersey Clean Energy Program’s Combined Heat and Power & Fuel Cell Program Program, which provides incentives to New Jersey commercial and industrial utility customers that pay into the Societal Benefits Fund and install new, commercially available and permanent energy efficient systems that provide an efficiency of at least 65 percent.
