Energy efficient and renewable energy is in higher demands with the construction setups. These standards help us in maintaining and saving the environment. These days, the technological advancements have resulted in increased usage of electrical energy. So, the concern to amplify the Electrical Engineering standards for clean energy has become today’s requirement. Under this section, the New Jersey incentive programs are specifically designed to enhance cleaner energy generation and they are about to get an upgrade under the NJ Senate Bill 2314.
Under this bill, the Government is well concerned to upgrade the power grid and also de-carbonizing transportation. These grids are made improved by the micro-grids and other grid technologies. As per studies, the transportation grids emit 40% of carbon emissions. But now, strategies are been made to transform these results and implement the solar power for cleaner energy. By applying for the solar power energy, the owners can be benefitted with the incentive plans and tax deductions for solar based products.
Benefits with improved Power generation
Reducing Environmental Footprints:
The environment is a major concern these days. To save it for future references, there must be immediate steps taken. Power Grid transmission and transportation emit a huge amount of carbon and which needs to be controlled on a major level. With the implementation of the NJ Clean Energy Program, both the residential and commercial energy Efficiency programs are upgraded. They will be now responsible to reduce the carbon footprints on the environment.
Provide new jobs: With such technological implements, there will be hike in the jobs and till now it has created more than 30,000 jobs in NJ itself.
Save money through incentives:
Incentives based on tax deductions and incentive plans on renewable energy generations allows people to save more money. Overall, these energy efficiency programs are subjected to save more than $200 million per year.