MAYS LANDING – To help promote economic growth and job creation in South Jersey, Atlantic City Electric (ACE) offers its Energy Discounts for Growing Enterprises (EDGE) Program, designed to help retain local businesses, attract new business to the area and encourage business expansion.
The EDGE Program offers new and existing businesses, small and large, a 20 percent discount off the electric delivery distribution portion of their rate based on certain qualifications. The discount would be effective for a five-year period as long as a business continues to meet eligibility requirements. A business must also be located in one of the eight counties served by Atlantic City Electric.
“We are a proud community partner who remains committed to our customers, employees and neighbors. We want to do our part to encourage economic development, create job opportunities for local residents and support business growth throughout our service territory,” said Vince Maione, Atlantic City Electric region president. “In addition to the EDGE Program, our commitment to the communities we serve continues through the hiring of new workers, creating workforce development initiatives, providing energy assistance information to customers in need and encouraging customers to take advantage of energy savings programs.”
To qualify for either the small or large commercial business programs, an applicant must construct a new building, purchase or lease an existing building that’s been vacant or expand an existing space. For a small business, the new space should be at least 2,500 square feet and the company must hire at least one additional full time employee. For a large business, the new space should be at least 8,000 square feet and the company must hire at least two additional full time employees. Other qualifications apply.
For more information about the EDGE Program, call 1 (844) 574-5070 or email questions to edge@atlanticcityelectric.com. To apply for the program, visit www.atlanticcityelectric.com/edge.
For more information about Atlantic City Electric, visit www.atlanticcityelectric.com.
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