| Program | New Jersey Natural Gas - SAVEGREEN Residential On-Bill Financing Program |
|---|---|
| Category | Financial Incentive |
| Implementing sector | Utility |
| Last Update | |
| State | New Jersey |
| Administrator | New Jersey Natural Gas |
| Website | https://www.savegreenproject.com/homeowners |
| Sectors | Residential |
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.
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