0% APR On-Bill Repayment Programs
Up to $6,500 – High-Efficiency Equipment
Up to $10,000 – Whole-House Approach
Up to $6,500 at 0% APR for High-Efficiency Equipment
Use a participating contractor to replace both your furnace/boiler and water heater and you can apply for up to $6,500 at 0% APR for five years through NJNG’s On-Bill Repayment Program*. You will also receive the NJCEP $900 rebate. Qualifying equipment must meet WARMAdvantage efficiency levels1.
Qualified NJNG customers can borrow $2,500 to $6,500, at a 0% APR fixed rate for 5 years with no fees, points or closing costs. Exclusions may apply.
But don’t stop there! You can maximize your incentives, up to a $5,000 rebate and borrow an additional $3,500 at 0% APR, through Home Performance with ENERGY STAR (HPwES). See below for details.
Up to $10,000 at 0% APR – Whole-House Approach
The HPwES program offers rebates and incentives up to $15,000. Sponsored by New Jersey’s Clean Energy Program™, HPwES is a comprehensive, whole-house approach to improving energy efficiency and comfort at home and starts with a home energy audit. Our staff can provide a list of participating HPwES contractors who use state-of-the-art equipment to perform an in-depth home analysis, testing all the components of your home – heating/cooling systems, insulation levels and air leakage.
Once completed, the assessment will show each recommended home improvement, the associated costs and potential savings.
If recommended measures are implemented by June 30, 2014, you may qualify for rebates as high as $5,000†! NJNG customers may also qualify for up to $10,000 at 0% APR On-Bill Repayment option.
After completing a home energy audit with an HPwES contractor and receiving a proposal for an HPwES qualified project, NJNG customers may apply for 0% APR On-Bill Repayment Program with NJNG for these improvements. Qualified NJNG customers can borrow $2,500 to $10,000, at a 0% APR fixed rate for 10 years** with no fees, points or closing costs. Exclusions may apply.
Fill out and submit the form to the left and we’ll be in touch within one business day OR call 877-455-NJNG (6564) for more information and get started today. Download a copy of our brochure.
*For example, on a $6,500 repayment with an APR of 0% and a term of 5 years, the customer would make 59 payments of $108.34, and one final payment of $107.94.
†Project must be enrolled in the Home Performance Program no later than 06/30/14.
**For example, on a $10,000 repayment with an APR of 0% and a term of 10 years, the customer would make 119 payments of $83.34, and one final payment of $82.54.
1 WARMAdvantage qualified furnaces must have a minimum AFUE 92%. WARMAdvantage qualified hydronic boilers must be 85% AFUE or greater. Gas steam boilers must be 82% AFUE or greater. Installation of WARMAdvantage qualified furnace or boiler qualifies you for an NJNG FREE Home Energy Audit. WARMAdvantage qualified water heater must have a minimum .67 EF power-vented or greater.
Offer applies to equipment purchased and installed July 1, 2013 through 6/30/14. Contact SAVEGREEN at 877-455-NJNG (6564) for information on incentives available prior to July 1, 2013.