NJ ZIP is a new, $15 million pilot voucher program, that will open for applications on April 6, 2021. This pilot supports businesses and institutions purchasing new, medium-duty zero-emission vehicles that will operate in the greater Newark and greater Camden areas. This pilot is funded by the Regional Greenhouse Gas Initiative (RGGI) proceeds allocated to NJEDA for the purposes of reducing harmful emissions, especially in communities disproportionately impacted by transportation emissions, and creating economic opportunity within the state. The program will provide voucher with base values ranging between $25,000 to $100,000.
To be eligible, an Applicant must be:
- A commercial, industrial, or institutional organization
- If a for-profit business, be registered to conduct business in NJ. Non-profit businesses or institutions may be required to provide a business registration certificate or other documentation as applicable to demonstrate their NJ operations and non-profit or institutional status.
- In tax compliance
- In good standing with the New Jersey Department of Labor and New Jersey Department of Environmental Protection