Industry News > 03-21-2023
Transitioning to Clean Energy: How New Jersey Businesses Can Take Advantage of Governor Phil Murphy’s 100% Clean Energy Initiative
Transitioning to clean energy can positively impact businesses in various ways.
As climate change continues to impact the environment, governments and organizations are making efforts to combat it. On February 15, 2023, Governor Phil Murphy announced a comprehensive set of initiatives to combat climate change and power the “Next New Jersey,” with a target of 100% clean energy by 2035.
This is good news for businesses in the state, as it means they have a unique opportunity to take advantage of the incentives that come with transitioning to clean energy. Novitium Energy is one of the companies that can help businesses achieve this goal.
Novitium Energy is a leading energy company in New Jersey. With the new policy, we can assist businesses in achieving clean energy goals while still maintaining productivity. We offer a broad range of services and energy efficiency solutions.
Our team of experts at Novitium Energy can guide businesses through transitioning to clean energy, taking into account each company’s unique needs.
Transitioning to clean energy
Transitioning to clean energy can positively impact businesses in various ways. First, it can reduce energy bills for businesses, thus improving the bottom line. Second, it can help companies meet sustainability goals, thus promoting the company’s image to customers, shareholders, and other stakeholders. Finally, transitioning to clean energy can help businesses to take advantage of the incentives that come with this policy. For instance, the policy has allocated $70 million in unobligated Regional Greenhouse Gas Initiative (RGGI) auction proceeds toward lowering consumer upfront costs for medium- and heavy-duty EV adoption.
How we can help
Novitium Energy can help businesses navigate the transition to clean energy. The company can assess the energy needs of a business, recommend the best clean energy solutions, and provide installation and maintenance. By partnering with Novitium Energy, companies in New Jersey can take advantage of the policy and benefit from the incentives that come with it.