Benefits and Incentives
Financial Incentives and Benefits
The New Jersey Home Performance with ENERGY STAR Program (HPwES) offers financial incentives on energy efficient improvement packages. The more energy savings measures you decide to install, the greater the incentive you may be eligible to receive. Enhanced incentives are available based on the home's estimated total energy savings (TES), as a result of energy efficient measures installed. The table below breaks down the incentives offered by the program and requirements for eligible measures.*
Health & Safety Benefits
From audit to completion safety to the customer comes first. Your contractor will identify any potential health and safety issues during the initial audit (assessment). Any issues that arise will need to be addressed before any energy efficiency improvements can be made through the program.
There are many long-term benefits to completing energy efficiency upgrades through Home Performance with ENERGY STAR.
- Lower energy bills
- Less energy use
- A more comfortable, safe and durable home
- Fewer drafts
- A quieter home
- A cleaner, healthier environment
- Improved indoor air quality, fresher air
- Reduces your carbon footprint
- Tests your home's carbon monoxide levels
- Provides greater peace of mind and confidence
NJ HPwES Customer Incentives and Requirements for Single Family Homes and Townhouses through June 30, 2020 (See incentives for Multifamily Buildings)
| Incentive Tier | Requirements | Customer Incentive |
|
Tier 1 |
Home Assessment/Energy Audit: To be eligible for HPwES incentives, a homeowner must have a home assessment (audit) performed by a certified contractor. |
None |
|
Tier 2 |
Estimated total energy savings (TES) of 5% to 19.9%. May also install additional insulation upgrades, duct sealing, duct insulation and water heater measures from the eligible measures list. |
$2,000 rebate, not to exceed 50% of the costs of the eligible measures used by your contractor to calculate TES and Up to a $5,000 loan at 0% with a 3-year maximum term where a utility financing offer is unavailable $500 Urban Enterprise Zone (UEZ) or Low or Moderate Income (LMI) or Affordable Housing bonus |
|
Tier 3 |
Level 1 - Estimated TES of 20% to 24.99%. Must install air sealing, must add to existing attic insulation when <7 inches, and must address health & safety issues. May include additional measures from the eligible measures list. |
$3,000 rebate, not to exceed 50% of the costs of the measures used to calculate TES and and Either up to a $10,000 loan at 0% with a 7-year maximum term (3-year <$5,000) or 0.99% financing with a 9-year maximum term up to $15,000 where a utility financing offer is unavailable $750 UEZ or LMI or Affordable Housing bonus |
|
Tier 3 |
Level 2 - Estimated TES from all work must total at least 25%. May include additional measures from the eligible measures list. |
$4,000 rebate, not to exceed 50% of cost of the measures used to calculate TES and Either up to a $10,000 loan at 0% with a 7-year maximum term (3-year <$5,000) or 0.99% financing with a 9-year maximum term up to $15,000 where a utility financing offer is unavailable.* $1,000 UEZ or LMI or Affordable Housing bonus |
Enhanced Incentives
Residents living in a UEZ or those with low or moderate income (LMI) may be eligible for an additional bonus incentive. Homes deemed as affordable housing units may also qualify for a bonus incentive. Customers may benefit from only one of the bonus incentives. See above for the incentives. Apply online for the LMI incentive.
Program details and incentives are subject to change. Commitments are not to exceed budget. The funding will be available until June 30, 2020 or until the funds are fully exhausted, whichever comes first.
*Incentives and Requirements Notes:
- Appliances, lighting, doors, and windows are not eligible measures for program incentives.
- The measures used to calculate TES may also include health and safety measures and qualified accessories, as listed on the NJ HPwES eligible measures document, as a component of the installation of eligible measures.
- Incentives are payable only upon satisfactory project completion.
- Homeowner fact sheet
Loan & Repayment Options for Single Family or Townhouse projects:
- Energy Finance Solutions (EFS) offerings: a 0% loan up to $10,000 for Tier 3 projects and 0% loan of up to $5,000 for Tier 2 projects. Estimated total energy savings (TES), are calculated by your contractor through program software. Your project must achieve at least 5% TES to be eligible for program offerings.
- 0% loan with a 7-year term up to $10,000 (3-year <$5,000) for Tier 3 projects (20%+ estimated Total Energy Savings, TES*) or a 0% loan with a 3-year term up to $5,000 for Tier 2 projects (5%+ TES).
- 0.99% loan with a 9-year term up to $15,000 for Tier 3 projects (20%+ TES)
- Online Application
- Mail-in Application
- Other information: 888-264-4367
- South Jersey Gas offerings for South Jersey Gas heating customers only:
- 0% loan with a 7-year term up to $10,000 for Tier 3 projects (20%+ estimated Total Energy Savings, TES*) only (underwritten by Energy Finance Solutions, EFS).
- 0.99% loan with a 9-year term up to $15,000 for Tier 3 projects (20%+ TES)
- Online Application
- Mail-in Application
- Other information: 888-264-4367
- New Jersey Natural Gas (NJNG) offerings for New Jersey Natural Gas (NJNG) customers only:
- New Jersey Natural Gas offers a Repayment Program to their customers, as noted below. NJNG Repayment Program applications are available through HPwES contractors.
- For Tier 3 projects (20% estimated Total Energy Savings, TES), NJNG customers are eligible for 0% financing up to $10,000 with a 7-year term or 0.99% financing up to $15,000 with a 9-year term.
- For Tier 2 projects (5%+ TES), NJNG customers are eligible for 0% financing up to $5,000 with a 7-year term.
- New Jersey Natural Gas offers a Repayment Program to their customers, as noted below. NJNG Repayment Program applications are available through HPwES contractors.
If you have already received a HPwES rebate for a particular property, you will only be eligible for additional incentives if you have not exceeded the above incentive caps. For details, see the Frequently Asked Questions.
If your project is selected for a quality control (QC) inspection, the rebate will be processed after the QC inspection is complete, and the project has passed inspection.