Fuel cells qualify under the customer-sited tier of the NY Renewable Portfolio Standard (RPS). Funding may be applied for through the Program Opportunity Notice (PON) 2157. Financial incentives are available to support the installation and operation of continuous duty fuel cell systems in New York State, with up to $1 million available for fuel cell systems...
The New Jersey Board of Public Utilities provides funding for two fuel cell and combined heat and power programs, a small program (<1MW) and a large program (≥1MW).Both small and large programs are open enrollment with set budgets and program requirements. The programs vary in program administrator, budget allocation and system efficiency requirements. Fo...
The Low Emissions Renewable Energy Credit (LREC) program is a reverse auction for low emission projects. The projects with the lowest cost per kWh over a 15-year contract term (signed between the customer and the utility) are selected until the program budget is met for the year. For more information, please visit : Connecticut Light & Power United Il...
The Alternative and Clean Energy Program (ACE) provides financial assistance in the form of grant and loan funds for the development and installation of alternative and clean energy projects in the state. Fuel cells that run on natural gas qualify, in addition to several other types of distributed generation, energy efficiency and clean technology. The prog...
The California Public Utilities Commission (CPUC) Self-Generation Incentive Program (SGIP) provides incentives to support existing, new, and emerging distributed energy resources. The SGIP provides rebates for qualifying distributed energy systems installed on the customer's side of the utility meter and is currently administered by the four investor-owned u...
The Federal Investment Tax Credit may provide a tax credit of up to 30% of the total project cost for qualifying installations in the United States. This credit is set to expire in 2016. For more information, please visit : BUSINESS ENERGY ITC
Korea - Renewable Portfolio Standard (RPS) : 2012 – 2022The RPS mandate requires utilities to generate a percentage of their power from renewable sources, specifically, wind, solar, biomass and fuel cells. If a utility fails to meet this mandate, fines are assessed for non-compliance. Measures are also in place for government buildings and large energy user...