It Pay$ to Plug In provides grants to employers to offset the cost of purchasing and installing electric vehicle charging stations in order to encourage employees to purchase and drive electric cars to work. The availability of workplace charging stations can be an important factor in encouraging the purchase of electric vehicles which have a […]
Energy Fast Facts
Going Green: How Businesses Can Reduce Their Energy Usage
New Jersey has some of the highest electricity rates in the nation for commercial and industrial users, and costs continue to rise. Some companies are able to invest in alternative energy sources, like the installation of solar power panels. But many businesses cannot afford the hundreds of thousands of dollars such projects require. Fortunately, there […]
Energy/Utility Tax Exemptions for Qualified Businesses in Urban Enterprise Zones
—Summary of the Law— On January 12, 2006, A-3484/S-2358 was passed and became P.L. 2005, ch.374. this law gives manufacturing- intensive businesses located in Urban Enterprise Zones (UEZs) and Salem County a complete sales and use tax exemption on energy and utility services purchases. —Eligibility— Businesses located in UEZs that employ 250 people or more, […]