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NJ
Offshore Wind Tax Credit Program
Tax credits for businesses making a capital investment of at least $50 million ($17.5 million if a tenant) in a qualified offshore wind energy facility in NJ and employing at least 150 new full-time employees.
About this program
Visit the program website for full details.
Eligibility
Businesses making a capital investment of at least $50 million in a qualified wind energy facility in NJ (or at least $17.5 million if a tenant) and creating at least 150 new full-time NJ jobs.
Requirements
- Must invest at least $50 million ($17.5 million if a tenant) in a qualified wind energy facility in NJ
- Must employ at least 150 new full-time NJ employees
- Must apply through NJEDA