NJ COOL PROGRAM
Forecasted
The NJ COOL PROGRAM by the New Jersey Economic Development Authority funds building retrofits to cut greenhouse gas emissions through advanced heating, cooling, and on-site renewable energy solutions in eligible NJ communities.
Funder: New Jersey Economic Development Authority
Due Dates (Anticipated): April 2027 (final deadline; applications accepted on a rolling basis until funding is committed or this date)
Funding Amounts: Total program funding: $25 million; grants per project: $50,000–$1,000,000; up to $3 million total per EIN; grants cover 50–60% of eligible costs
Summary: Supports retrofits in eligible NJ buildings to reduce greenhouse gas emissions through heating/cooling upgrades and on-site renewables.
Key Information: Applications are reviewed on a rolling basis; only projects in eligible communities/classes may apply.
Description
The NJ COOL PROGRAM, administered by the New Jersey Economic Development Authority (NJEDA), is a major initiative targeting operating greenhouse gas emissions reductions in existing commercial, industrial, and institutional buildings across New Jersey. The program offers grants to support retrofit construction projects that upgrade heating and cooling systems, install on-site renewable energy generation, and implement energy storage solutions. The focus is on buildings located within state-designated Overburdened Communities or Adjacent Community census blocks, as defined by New Jersey's Environmental Justice Law. Projects must demonstrate significant emissions reductions and energy savings, accelerating the adoption of environmentally friendly building technologies and practices.
