HVAC Breaking News / News

June 8, 2012: IntelliGen Offers Assistance for Those Seeking Funding for New Jersey CHP Program

NEW YORK — IntelliGen Power, a leader in cogeneration or combined heat and power (CHP) projects, has announced its availability to provide free assistance to businesses and municipalities seeking funding through the New Jersey Clean Energy Solutions Large Scale CHP (LSCHP) Program.

“This program is a great opportunity for businesses to get free money to pay for their CHP systems,” said David Lesser, president of IntelliGen Power. “The utility rates in New Jersey already make cogeneration a very appealing solution for energy users looking to save money, and support from this program drives down the cost even more. Even without this funding, cogeneration projects in New Jersey typically pay for themselves in less than 5 years.”

The LSCHP Program offers a total of $55 million in grants for CHP projects in New Jersey with a capacity greater than 1 megawatt, up to $3 million per project or 30 percent of the total project cost. The project cost is inclusive of design and permitting fees, as well as a full 5-year maintenance contract. Funding is available for both government and private sector entities.

IntelliGen Power is providing all interested LSCHP Program applicants with a free technical review of their CHP projects and assistance to ensure that their grant applications meet all the eligibility requirements.

“IntelliGen has more than 20 years of experience with cogeneration system implementation, and we know that funding for these projects can be very competitive,” Lesser said. “Our team of experts is available to help businesses apply for the grant and to make sure their projects get to the top of the list for consideration.”

The deadline for the first round of LSCHP Program applications is June 25, 2012. An additional round of funding is anticipated for late 2012 and potential applicants are encouraged to start as early as possible.

For more information, visit www.intelligenpower.com.

Publication date: 6/4/2012

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 World Energy Engineering Congress

Scenes from the 2014 World Energy Engineering Congress in Washington, D.C.

Podcasts

NEWSMakers: Andy Heinze

Andy Heinze, distribution channel development manager, Sporlan Division of Parker Hannifin, discusses Sporlan's new refrigeration system training center. Posted Dec. 11.

More Podcasts

ACHRNEWS

NEWS 12-15-14 cover

2014 December 15

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

HVAC TECHNICIAN SHORTAGE

In order to bring more people into the trade and produce more technicians, what should the industry do?
View Results Poll Archive

HVACR INDUSTRY STORE

2015.jpg
2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con