Governor Phil Murphy and the New Jersey Board of Public Utilities (NJBPU) announced the opening of Charge Up+, an additional income-based incentive of $2,000 available through the State’s Charge Up New Jersey electric vehicle (EV) incentive program. This announcement follows the launch of Year Five of Charge Up New Jersey in July 2024.
“I’m thrilled to announce this additional step toward ensuring every New Jerseyan can choose clean transportation, regardless of their income,” said Governor Phil Murphy. “My administration continues to prioritize lowering emissions and improving air quality in our communities, no matter the zip code, by making EVs more affordable and accessible to all.”
“Through the introduction of Charge Up+, the Murphy Administration is once again building upon the success of its highly popular EV incentive program,” said NJBPU President Christine Guhl-Sadovy. “Combined with the Charge Up base incentive and federal EV tax credit, this additional incentive will further expand the number of New Jersey families who can reap the environmental and economic benefits of clean transportation.”
In Year Five of the Charge Up New Jersey program, all eligible vehicles up to a Manufacturer’s Suggested Retail Price (MSRP) of $55,000 can receive a $2,000 base incentive. Residents can apply this incentive directly at car dealerships or showrooms at the point of sale. Additionally, Charge Up New Jersey offers a $250 rebate for purchasing and installing a qualifying Level 2 charger through the In-Home EV Charger Incentive.
The new income-based incentive will be available to prequalified income-eligible applicants for a total benefit of $4,000. Customers must prequalify online by demonstrating proof that they participate in another income-based state or federal program or by submitting tax information proving they meet specific income eligibility criteria: $75,000 for a single filer, $112,500 for a head of household, and $150,000 for a household.
To date, more than 37,000 EV incentives and over 6,900 EV charger incentives have been approved through Charge Up New Jersey. As of June 30, 2024, nearly 184,000 EVs were registered in New Jersey. EVs accounted for 2.6% of total registered vehicles and 11.6% of new vehicle sales in March 2024.
Residents can find real-time updates on available funding through Charge Up New Jersey online. For more information regarding incentives to drive green or an additional federal tax credit toward an EV purchase, visit respective official websites.
Please note that Charge Up+ will not be available retroactively if an applicant purchased or leased an eligible vehicle prior to today's introduction.
About New Jersey’s Clean Energy Program (NJCEP)
Established on January 22, 2003, in accordance with the Electric Discount and Energy Competition Act (EDECA), NJCEP provides financial and other incentives to residential customers, businesses and schools that install high-efficiency or renewable energy technologies. The program aims to reduce energy usage and lower customers' energy bills while minimizing environmental impacts. It is authorized and overseen by NJBPU.
About the New Jersey Board of Public Utilities (NJBPU)
NJBPU is a state agency mandated to ensure safe utility services at reasonable rates for New Jersey customers. It regulates critical services including natural gas, electricity, water, wastewater telecommunications and cable television. The Board oversees utility service monitoring responds to consumer complaints investigates utility accidents.
