Tax break for clean energy manufacturers in New Jersey
Official: A5694 — Extends eligibility for sales and use tax exemption certificate program administered by EDA to include certain projects undertaken by clean energy product manufacturers.
Reading: The bill expands an existing tax incentive program to newly include clean energy product manufacturers, removing a financial barrier to clean energy production and investment.
This gives clean energy companies the same tax benefits already available to other manufacturers in the state.
In clear language
This bill expands a New Jersey tax break program to help clean energy manufacturers buy equipment and materials without paying sales tax. The program is run by the state's economic development agency. This gives clean energy companies the same tax benefits already available to other manufacturers in the state.
How does this affect you?
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Who does this affect?
- Clean energy product manufacturers operating in or expanding to New Jersey
- New Jersey businesses that supply equipment and materials to clean energy manufacturers
- State government (through reduced sales tax revenue)
- Consumers and other businesses that benefit from a stronger clean energy industry in the state
What can you do?
- If you work in or own a clean energy manufacturing business, contact the Economic Development Authority to learn if your company qualifies for this tax exemption
- Support this bill by contacting your state assembly member if you believe expanding clean energy manufacturing in New Jersey is important
Timeline
- 2026-10-19: Bill introduced
No New Jersey official has a verified action on this policy yet.
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- NJ LegislatureOct 15, 2026Tax break for clean energy manufacturers in New Jersey
This bill expands a New Jersey tax exemption program to help clean energy product manufacturers save money on equipment and materials purchases. Currently, the program helps certain businesses get exemptions from sales and use taxes; this bill adds clean energy manufacturers to the list of eligible businesses. The goal is to make it cheaper and easier for these companies to operate in New Jersey.
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