The incentives cover the cost of preparation work that customers are required to complete before an EV charger can be installed.
JCP&L's EV Driven is a four-year program, approved by the New Jersey Board of Public Utilities (BPU) in 2022, to provide incentives for electric vehicle charging infrastructure across the company's service area. This program was implemented to help benefit the state's environment by reducing auto emissions.
The residential incentive portion of JCP&L's US$39.8m EV Driven program closed in September 2023, just 14 months after the program opened in July 2022, after all available incentives were awarded. The program's reopening comes after the BPU recently authorised reallocating US$4.1m from non-residential portions of the EV Driven program.
JCP&L customers may be eligible for up to US$7,000 in incentives to prepare their property for EV charger installation, including up to US$1,500 for customer electrical upgrades required to install a qualified Level 2 electric vehicle charger. They may also be eligible for up to US$5,500 in utility upgrades, such as new poles, transformers and service wires, necessary to support the chargers.
Beyond the incentives for preparation work, additional bill credit incentives are available to encourage off-peak-hours charging.
