Through the SAVEGREEN Project, New Jersey Natural Gas (NJNG) provides an On-Bill Repayment Program (OBRP) for up to $14,000 at 0% APR with no fees, points, or closing cost for energy efficiency upgrades.
Only current NJNG customers with 12 months of on time account payments are eligible to participate in the program. New NJNG customers must provide a letter of credit from previous regulated utility showing 12 months of on-time payments. NJNG reserves the right to limit participation in the OBRP to customers who have natural gas heating.
See the program web site listed above for complete details on eligibility and the application process. Participants who do not qualify for NJNG OBRP can apply for financing through alternate loan programs offered through New Jersey Clean Energy Program.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | New Jersey |
| Incentive Type: | Loan Program |
| Web Site: | https://www.savegreenproject.com/homeowners |
| Administrator: | New Jersey Natural Gas |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Maximum Loan: |
Up to $14,000 through NJNG's OBRP Additional $700 WARMAdvantage rebate and $500 COOLAdvantage rebate available from NJCEP |
| Interest Rate: |
0% APR for 5 years for qualifying furnace/boiler and water heater installation |
| Name: | Susan Ellman |
| Organization: | New Jersey Natural Gas |
| Address: |
1415 Wyckoff Road Wall NJ 07719 |
| Phone: | (877) 455-6564 |
| Email: | SEllman@njng.com |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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