New Jersey is funding fleet charging with a clean-energy twist. The New Jersey Economic Development Authority (NJEDA) opened applications on October 5, 2026 for its $25 million Take Charge Program, which helps private commercial fleets pay for EV charging infrastructure. Projects must also install on-site renewable generation and/or energy storage to help manage charger power demand.
Key Takeaways
- NJEDA opened the $25 million Take Charge Program on October 5, 2026.
- Grants of $100,000 to $5 million cover 50% of fleet charging costs.
- Projects must add on-site renewables and/or storage.
- The program is funded by RGGI proceeds.
Key Facts
- Budget: $25 million, funded by Regional Greenhouse Gas Initiative (RGGI) proceeds.
- Grant size: $100,000 to $5 million per award.
- Cost share: reimburses 50% of project costs, with a possible 5–10% increase for bonus criteria.
- Eligible costs: hardware and related installation for fleet charging infrastructure.
- Applicants: for-profit commercial organizations installing charging in New Jersey.
Why It Matters
NJEDA notes that private fleets need consistently available charging but often face high costs for installation and site upgrades. Requiring solar or storage alongside chargers helps fleets limit peak demand charges and reduces pressure on local grid connections, which is often the slowest part of a depot project.
What It Means
Fleet operators should design charging, storage and solar as one system, with software that schedules charging around demand peaks. Networked chargers that support OCPP make that integration easier. Learn more on our commercial charging solutions page.
Related Reading
- How Do Commercial EV Charging Stations Work?
- What Is EV Charger Load Balancing? How Multi-Charger Sites Share Power
- How Much Do Commercial EV Chargers Cost?
