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New Jersey Board of Public Utilities slated to consider giving more than $500,000 to Princeton University at public meeting Thursday

The New Jersey Board of Public Utilites will consider awarding more than a half a million dollars to Princeton University Thursday morning during the board’s public meeting.

An agenda listing items to be considered at the meeting was released on Tuesday. The item lists “Clean Energy Program Authorization of Commercial and Industrial Program Energy Efficiency Incentives Exceeding $500,000 – Princeton University.”

“The Board will consider Staff’s recommendation for award of an over $500,000 incentive for Princeton University,” is also listed as part of the agenda item.

More information was not available on Wednesday. The agenda does not provide any background for items or links to supporting documents. A docket search on the BPU website also did not produce any background documents. When Planet Princeton made an inquiry with the press officer for the Board of Public Utilities, he told the reporter to attend the meeting Thursday and said he could provide more information after the public meeting if needed.

The public can listen to the meeting via teleconference at +1 646 558 8656 – Webinar ID: 934 2119 5636. The meeting begins at 10 a.m., but begins first with an executive session.

2 Comments

  1. Maybe the Board’s Orders had not been listed when this story was filed. They are now listed and linked together with the Agenda and video of yesterday’s meeting. The Board order shows that the university applied for an incentive payment in February 2020, for a project at Elm Drive and South Drive. (Jump to 1:17 in the video.) This is for energy efficiency measures for residential buildings under the NJ Clean Energy Program. (There are incentives for homeowners on the NJCleanEnergy.com site, too.)
    I thought it might be incentives for the new solar canopies over the parking lot at that intersection, which is a pretty cool project, and just one that the university has undertaken to move the campus towards renewable energy.

  2. Just FYI – The actions of the NJBPU are not final until the Board votes on the action. That is why the NJBPU communication officer deferred on what was up for approval. But they should have been able to tell you what the rebate was for since that is not whether it would or would not be approved. The Order approving the rebate for PU is here https://www.bpu.state.nj.us/bpu/pdf/boardorders/2021/20210624/8E%20ORDER%20Over%20500k%20Princeton%20University.pdf It is for a series of energy efficiency upgrade campus wide in a program called Pay for Performance (P4P). This BPU program funds EE upgrade based on the overall savings – which I think has to be over 15% over their current energy use baseline.

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