As electric vehicle (EV) adoption continues to rise, businesses in New Jersey are looking for ways to provide charging solutions for customers, tenants, and employees. To support this transition, Public Service Electric & Gas (PSEG) is offering generous EV rebates in 2025 to help offset the costs of installing commercial EV chargers. These PSEG rebates provide significant financial incentives for mixed-use Level 2 charging and public Direct Current Fast Charging (DCFC) stations.

If you’re a business or property owner looking to install EV chargers, here’s everything you need to know about PSEG’s financial incentives in New Jersey for 2025.

Level 2 Mixed-Use Commercial Charging Rebates

PSEG offers an on-bill credit of up to $30,000 for businesses installing ENERGY STAR® certified Level 2 smart chargers. The incentive is designed to help with Customer-Side Make-Ready (CSMR) costs, which include the necessary electrical upgrades to install the chargers.

How the Rebate Works

• Businesses can receive up to $7,500 per charger for up to four chargers per site, with a maximum rebate of $30,000.
• If upgrades to utility-owned assets are required, PSEG provides up to $10,000 toward the customer’s required deposit for Utility-Side Make-Ready (USMR) work.

These rebates make it easier for businesses like retail centers, office buildings, and multi-family properties to offer EV charging without bearing the full financial burden.

Public DC Fast Charging (DCFC) Rebates

For businesses looking to install high-speed EV chargers, PSEG offers rebates of up to $100,000 per site to help with Customer-Side Make-Ready costs.

How the Rebate Works

• Businesses can receive up to $25,000 per charger for a maximum of four chargers per site.
• If utility upgrades are required, PSEG provides up to $50,000 toward any required deposit for Utility-Side Make-Ready (USMR) work.
• Eligible customers may also qualify for Demand Charge Rebates, which help offset electricity costs associated with operating high-powered chargers.

Eligibility Requirements

To qualify for PSEG’s EV rebates in 2025, businesses must meet the following conditions:

• Have an active PSEG account in good financial standing (no shut-off notices).
• Install ENERGY STAR® certified, Wi-Fi-enabled or cellular-enabled chargers.
• Agree to provide EV charging data to PSEG.
• Use New Jersey-licensed electricians or contractors for installation.
• Complete the PSEG New Business Process for EV charger installation upon request.
• Ensure chargers are accessible to the public.
  • Level 2 chargers must be available during reasonable business hours (typically at least eight hours per day).
  • DCFC chargers must be available 24/7.
• For parking lots and other paid parking locations, restrictions on entrance fees, hours of operation, and emergency access may exist, but access to chargers cannot be restricted.

Why Take Advantage of PSEG’s EV Rebates in 2025?

The demand for EV charging infrastructure is growing rapidly, and PSEG’s financial incentives in New Jersey make it more affordable than ever for businesses to install charging stations. These rebates can help:

• Reduce upfront installation costs for EV chargers
• Enhance property value by attracting EV-driving customers and tenants
• Support sustainability goals by promoting clean transportation

Whether you own a retail center, a multi-family property, or a public parking facility, these PSEG rebates offer a smart way to future-proof your business while contributing to New Jersey’s clean energy initiatives.

Now is the perfect time to invest in EV charging infrastructure. Don’t miss out on these EV rebates in 2025—apply today and take advantage of the financial incentives in New Jersey for commercial EV charging.