RGGI Dollars Double Size of NJEDA’s Electric Truck Voucher Program To Expand Statewide, Increase Funding to $45 Million

Media Contacts

Trenton – ElectrifyNJ partners, including Environment New Jersey, applauded news today that the New Jersey Economic Development Agency (NJEDA) will expand the NJ Zero-Emission Incentive Program (NJ ZIP) program statewide and double funding from the Regional Greenhouse Gas Initiative (RGGI) to $45 million for the purchases of electric medium and heavy duty trucks by businesses through the NJEDA voucher program. The program is expanding from its geographic focus of Camden, Newark, Elizabeth and New Brunswick to a state-wide focus and include heavy duty trucks.

Currently, NJDEDA has already greenlighted close to 150 NJZIP applications of more than $32 million for medium duty electric truck vouchers and the program expansion will allow a doubling of the awarded vouchers. The NJEDA program specifically targets small businesses, with a focus on women and minority owned businesses.

Doug O’Malley, Director with Environment New Jersey, released the following statement:

“For years, environmental partners fought the Christie Administration to return New Jersey to the RGGI climate program. Today’s NJEDA announcement to double the size of the electric truck voucher program is a perfect example on how we can reduce fossil fuel pollution from our power plants and provide funding to green the dirtiest part of our transportation sector – diesel trucks.

The NJZIP program has been wildly successful because there has been strong demand for vouchers to go electric for small businesses trucking needs — it’s a cleaner ride and there’s an immediate reduction in maintenance costs. On the heels of the state’s adoption of the Advanced Clean Truck Rule, electric trucks are the future – and this rollout will get more of them on the road. Kudos to NJEDA and the Murphy Administration for getting NJZIP off the ground – it’s now time to go statewide and bring electric trucks to the entire state.”

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