Pay for Performance

Course Description

In this presentation Mike Holsinger of TRC reviews the NJBPU Pay for Performance (P4P) program. P4P offers a comprehensive, whole-building approach to energy savings in larger buildings. Mike outlines the key elements of the program and how to participate. Recorded March 11, 2024.

Learning Objectives:

• Identify what construction projects qualify for the Pay for Performance (P4P) program.
• Explain the process of qualifying, applying, and taking advantage of the P4P program.
• Investigate the benefits and uses of the P4P program for large energy users, specifically campuses and higher education institutions.
• Explore the proposed changes for existing Clean Energy Program programs and their applicability to the P4P program.

Instructor:

Mike Holsinger, Senior Outreach Specialist, TRC Companies, Inc.

Course Outline

• New Jersey’s Clean Energy Program

• NJCEP Suite of Programs

• News about the Pay for Performance Program (P4P)

• Overview of Proposed Changes

• Evolving the Large Energy user Program

• Pilot Goals

• Decarbonization on Campus

• Incentives – Up to $5M per Applicant

• Participation

• FAQs

• Program Participation