Energy Incentives and Demand Response Programs

Investment Tax Credit (ITC)

The Investment Tax Credit provides a federal incentive for commercial and large-scale battery storage projects, including standalone systems with a minimum capacity of 5 kWh. As updated by the Inflation Reduction Act and preserved under the One Big Beautiful Bill, battery storage projects are not subject to the accelerated construction-start deadlines that now apply to solar and wind. Instead, they remain eligible for the full 30% ITC if construction begins before 2033, with phase-downs beginning in 2034 and elimination after 2035. However, domestic content requirements and foreign entity sourcing restrictions still apply starting December 31, 2025

DEPARTMENT OF ENERGY WEBSITE

Clean Peak Energy Standard

Massachusetts was the first state in the US to enact a Clean Peak Standard through the 2018 Act to Advance Clean Energy, and took effect in August 2020. This is a policy mechanism that rewards renewable generation and energy storage systems that contribute to grid resiliency through demand response.

PROGRAM WEBPAGE

Solar Massachusetts Renewable Target (SMART)

Massachusetts developed the SMART program through the Massachusetts Department of Energy Resources (DOER) to build the solar generating capacity of the state. The program was originally capped at 1,600 MW but recently doubled that to 3,200 MW due to the success of the program.

SMART ENERGY STORAGE GUIDELINES

EV Charging Station Program

National Grid has developed an innovative Charging Station Program to install EV charging stations at minimal or no cost and provide other key incentives for EV charging. At Peak Power, we’re leaders in developing bi-directional Electric Vehicle (EV) charging to have EVs act as mobile batteries. It’s also a terrific way to enhance your portfolio’s brand and future-proof for tenant attraction.

NATIONAL GRID PROGRAM WEBPAGE

California Electric Vehicle Infrastructure Project (CALeVIP)

The California Electric Vehicle Infrastructure Project (CALeVIP) provides funding for installing publicly available EV charging stations to support the rapid adoption of electric vehicles across California. CALeVIP is a key part of the state’s plan to electrify the transportation sector.

CALEVIP 2.0 WEBSITE

Smart Renewables and Electrification Pathways Program (SREPs)

The Smart Renewables and Electrification Pathways Program (SREPs) provides up to $1.56 billion over eight years for smart renewable energy and electrical grid modernization projects. To compete with the aggressive incentives released in the US as part of the Inflation Reduction Act, the Canadian federal government has announced a recapitalization of the program as part of budget 2023.

SREPs WEBSITE

Zero Emission Vehicle Infrastructure Program (ZEVIP)

Peak Power is a proud recipient of ZEVIP funding in the amount of $1.6 million to deploy over 100 electric vehicle chargers in Ontario. The Zero Emission Vehicle Infrastructure Program (ZEVIP) is a $680 million initiative ending in 2027 and its objective is to address the lack of charging and refuelling stations in Canada.

PROGRAM WEBPAGE

Clean Technology Investment Tax Credit

Offers a 30% refundable tax credit for commercial and industrial investments in battery storage systems—as well as solar, wind, and other clean tech—placed in service between March 28, 2023 and December 31, 2033. This credit applies to stationary electricity storage that doesn’t use fossil fuels and is fully refundable, making it accessible to taxable and non‑taxable entities alike.

GOVERNMENT OF CANADA WEBPAGE

Distributed Electricity Backup Assets (DEBA) Program

Eligible technologies include zero- or low-emission Distributed Energy Resources (DERs) such as battery energy storage systems and fuel cells, installed at new or existing facilities. In addition to funding support, participants may be required to provide grid support during emergencies, ensuring both operational value and system resilience. Further program details, including funding rounds and eligibility specifics, are expected as the initiative advances.

DEBA Program Webpage

Garden State Energy Storage Program

Launched in 2025, the Garden State Energy Storage Program provides incentives for commercial and community-scale battery storage projects in New Jersey. Administered by the NJBPU, the program supports systems 1 MW and larger, with priority given to projects sited with solar, serving low- and moderate-income (LMI) communities, or located in overburdened areas.

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Incentives and Programs

Resources to help you navigate energy incentives and demand response programs

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