The Program, serving municipalities and not-for-profits, is budgeted for $25m over the next two years.
PSE&G will provide entire funding for the projects, with each municipality re-paying 20% of the project cost through on-bill financing.
Lime Energy is one of three primary implementation contractors, and will provide comprehensive multi-measure efficiency projects for municipalities, with territory exclusivity in 42 Northern New Jersey towns.
Lime Energy executive vice president Adam Procell said the company has completed over 400 project audits and installations for municipalities in New Jersey over the past two years through the very successful NJ BPU Direct Install Program.
