Energy Resilience Bank
NJ Energy Resilience Bank Now Accepting Applications
As part of the Christie Administration’s continuing efforts to minimize the impact of future major power outages and increase energy resiliency, the State today announced the launch of the New Jersey Energy Resilience Bank (ERB), the first public infrastructure bank in the nation to focus on energy resilience. Utilizing $200 million through New Jersey’s second Community Development Block Grant-Disaster Recovery (CDBG-DR) allocation, the ERB will support the development of distributed energy resources at critical facilities throughout the state that will enable them to remain operational during future outages.
To learn more and read the press release about the ERB, click here
New Jersey Energy Resilience Bank Launch:
To learn more about the Energy Resilience Bank and the program's guidelines, financial products, and requirements and to access the intake application, please click here.