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ChargEVC: New Jersey plug-in electric vehicle registration up 79% for MY 2016 vehicles over 2015

Green Car Congress

Registration of model year 2016 plug-in electric vehicles (PEVs) in New Jersey was up 79% over 2015, according to a recent analysis by ChargEVC , a diverse coalition of organizations and companies that support growth of the electric vehicle market. This accelerating growth in New Jersey echoes analysis from a variety of sources.

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Exelon to provide financing for 21MW of Bloom Energy SOFC projects at 75 commercial facilities

Green Car Congress

Exelon Corporation will provide equity financing for 21 megawatts (MW) of Bloom Energy solid oxide fuel cell (SOFC) projects at 75 commercial facilities in California, Connecticut, New Jersey and New York.

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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Elements of the new program include: US Bank and Wells Fargo have agreed to provide 10% down financing for purchase of a Model S (on approved credit.).

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PGE and SunRun Create $100M Home Solar Financing Fund

Green Car Congress

a provider of home solar financing, announced a $100-million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. Pacific Energy Capital II, LLC, a non-utility subsidiary of PG&E Corporation, and SunRun Inc., SunRun will manage the projects.

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NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577

Green Car Congress

The Highway Fuels Revenue Target is required to be reviewed annually each August by the Treasurer, in consultation with the Legislative Budget and Finance Officer (LBFO). In August 2019, New Jersey kept the then-current tax rate on gasoline and diesel fuel stable for the coming year at $0.414 and $0.484 per gallon, respectively.

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Biden Administration launching offshore wind offensive

Green Car Congress

The Interior Department’s Bureau of Ocean Energy Management (BOEM) is announcing a new priority Wind Energy Area in the New York Bight—an area of shallow waters between Long Island and the New Jersey coast. To date, LPO has provided $1.6 billion in support of projects totaling about 1,000 MW of onshore wind.

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What's New for EV Charging in New Jersey?

EV Connect

New Jersey, in particular, has made huge strides in this territory, offering several New Jersey-specific EV rebates and programs aimed at increasing the prominence of electric car charging stations across the state. You may wonder why New Jersey is putting so much effort into incentivizing EV adoption.