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"NOTICE TO RETAIL BUYER: YOU MAY RESCIND THIS SALE PROVIDED THAT YOU NOTIFY THE RETAIL SELLER OF YOUR INTENT TO DO SO BY CERTIFIED MAIL, RETURN RECEIPT REQUESTED, POSTMARKED NOT LATER THAN 5 P.M. OF THE THIRD BUSINESS DAY FOLLOWING THE SALE.
The vehicle must be registered in your name in the State of New Jersey. Your name must be on the purchase or lease agreement. The purchase or lease agreement must be from a participating New Jersey dealership or showroom. You must provide proof of New Jersey residency by providing a state driver's license.
In New Jersey, the elements of a valid contract are: ? An offer (see Offer). An acceptance (see Acceptance). Consideration (see Consideration). Mutual assent and intent to be bound (see Mutual Assent and Intent to be Bound).
Incentives were up to $4,000 for vehicles with MSRPs under $45,000 and up to $2,000 for EVs with an MSRP between $45,000 and $55,000. By April of this year, the New Jersey Board of Public Utilities had to pause the program because it was so popular that it ran out of money.
Level 2 chargers that are funded by state programs must be Energy Star compliant. Under the legislation signed by Governor Murphy in 2020, which created the state's EV incentive programs, NJBPU will provide at least $30 million in annual incentives for the Charge Up New Jersey program for a period of ten years.
Charge Up New Jersey promotes clean vehicle adoption in the state by offering incentives of up to $4,000 for the purchase or lease of new, eligible battery electric vehicles (EV) and $250 for purchasing an eligible EV charger.
Latest News. The $30 million allocated for Charge Up New Jersey for fiscal year 2024 is drawing near an end. At the current rate of participation, the program anticipates fully allocating funding by November 2023, however this is subject to change depending on application volume.