Pay 4 Performance 

The New Jersey Clean Energy Program (NJCEP) offers the Pay for Performance incentive program for comprehensive energy efficiency for whole-building improvements. The program is available to all commercial and industrial buildings.  It is administered by the NJ Board of Public Utilities and managed by TRC Solutions.

Pay for Performance grants you many opportunities for growth.  Whether you’re making improvements to your existing building or starting a new project.  Designed for larger buildings, and will save you money.

Benefits:

  • You will improve the overall energy use and efficiency of your facilities
  • Rather than offering specific rebate levels for specific equipment types, this program calculates the performance incentive as a variable $/kWh, $/therm, or $/sq. ft.
  • Help you save 15% or more on energy consumption
  • It may also help you to construct a more efficient new building
  • Gain you incentives of up to $50,000

The pay for performance is divided between 2 types of buildings:

1- Existing Buildings

2- New Construction

The program requires participants to use an approved Program Partner in order to receive incentives.  The Cotocon Group is one of the program partners and helps its clients achieve the incentive performance.  The Cotocon Group consists of qualified energy efficiency technicians who work directly with the program participant to recommend and install energy efficient measures in the buildings.

Some of the energy efficiency technologies are:

  • Lighting
  • Chillers
  • Furnaces
  • Boilers
  • Air conditioners
  • Energy Management
  • Systems/Building Controls
  • Motors
  • Comprehensive Measures/Whole Building.

As your energy experts, The Cotocon Group will guide you through the program and provide technical services under direct contract to you.  Call us for more information (212) 889-6566

Pay For Performance
  • Existing Buildings

    Under the Pay for Performance incentive program, you can take a comprehensive, whole-building approach.  An approach to saving energy in your existing facilities and earn incentives that are directly linked to those savings.

    What can we do for you?

    Acting as your energy expert, The Cotocon Group will develop an energy reduction plan individually for each project.  Including, a whole-building technical component of a traditional energy audit, a financial plan for funding the energy efficient measures and a construction schedule for installation.  We guide you every step of the way through the Pay for Performance program to reach your goals.

    Eligibility:

    • Existing commercial, industrial and institutional buildings with a peak demand over 200 kW for any of the preceding twelve months.
      • This includes; hotels and casinos, large office buildings, supermarkets, manufacturing facilities schools, shopping malls and restaurants.
    • Select multifamily buildings with a peak demand over 100kW
    • The energy reduction plan must define a comprehensive package of measures capable of reducing the existing energy consumption of your building by 15% or more.
    • Exceptions to the 15% threshold requirement may be made for certain industrial, manufacturing, water treatment, hospital, and datacentre building types whose annual energy consumption is heavily weighted on process loads.

NEW CONSTRUCTION

Take a holistic approach to earn incentives while saving on energy and the overall costs. Under the Pay 4 Performance program, The Cotocon Group will act as your energy expert and develop an energy reduction plan for your building by developing a simulated computer model of your planned building.  We will help you design your building in such a way that it is more than just a code-compliant construction.

Eligibility:

  • Commercial, industrial and institutional buildings with 50,000 square feet or more of planned conditioned space.
  • Existing buildings undergoing substantial renovations may also be eligible if the project involves:
    • Change of use and reconstruction of space within
    • Construction work that requires the building to be out of service for 30 days or more
    • Reconstruction of a vacant structure
  • Your energy reduction plan must define a comprehensive package of measures capable of achieving energy costs 5% below the current energy code for commercial and industrial buildings and 15% for multifamily buildings.

INCENTIVES

Commercial, Industrial, Local Government, Nonprofit, Schools, State Government, Federal Government, Institutions can all apply for the Pay for Performance program. It helps in saving energy, reducing overall costs and playing your part in betterment of the environment.
Go green and reap the benefits with New Jersey’s Clean Energy Program and The Cotocon Group and reap the benefits.

(212) 889-6566   Call us for more information

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