The New Jersey Board of Public Utilities (BPU) Clean Energy Program has announced a proposed pilot program incorporating the Investor Confidence Project (ICP) system into their Pay for Performance (P4P) commercial and industrial energy efficiency whole building program. As proposed, the pilot program will introduce an alternative approach to accessing the BPU’s project incentives that will be based on Investor Ready Energy EfficiencyTM Certification of participating projects. The proposed program will also include additional incentives for those programs that participate utilizing ICP.
The Clean Energy Program has released the draft proposal which details the integration of ICP into the program. Comments and letters regarding the proposal are due by close of business September 1, 2015. We hope for approval by the Board of Public Utilities at their meeting on October 15, 2015.
This pilot program is an exciting development for ICP. The N.J. Clean Energy Program has developed a voluntary, alternative compliance path for ICP that includes enhanced incentives for those projects that opt in and develop projects consistent with the ICP system. This pilot will provide New Jersey and the nation with important lessons learned about the value of ICP.
For stakeholders who have a national scope or have a presence in New Jersey it will be very helpful for the BPU to hear from you regarding your support for ICP. ICP has drafted a letter of support to the BPU that we hope you’ll sign on to (or better yet submit a letter on your own letterhead directly to the BPU at [email protected] by 9/1/15 with subject heading “Proposed P4P/ICP Pilot).
To add your company’s name to the letter please send an email indicating your support as soon as possible to Mary Barber, EDF’s New Jersey Director, Clean Energy ([email protected]). who has been working closely with the NJ Clean Energy Program developing this pilot.
The Clean Energy Program has released the draft proposal which details the integration of ICP into the program. Comments and letters regarding the proposal are due by close of business September 1, 2015. We hope for approval by the Board of Public Utilities at their meeting on October 15, 2015.
This pilot program is an exciting development for ICP. The N.J. Clean Energy Program has developed a voluntary, alternative compliance path for ICP that includes enhanced incentives for those projects that opt in and develop projects consistent with the ICP system. This pilot will provide New Jersey and the nation with important lessons learned about the value of ICP.
For stakeholders who have a national scope or have a presence in New Jersey it will be very helpful for the BPU to hear from you regarding your support for ICP. ICP has drafted a letter of support to the BPU that we hope you’ll sign on to (or better yet submit a letter on your own letterhead directly to the BPU at [email protected] by 9/1/15 with subject heading “Proposed P4P/ICP Pilot).
To add your company’s name to the letter please send an email indicating your support as soon as possible to Mary Barber, EDF’s New Jersey Director, Clean Energy ([email protected]). who has been working closely with the NJ Clean Energy Program developing this pilot.
| Thank you for your support! |  |
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