Benefits and Incentives
Financial Incentives and Benefits to Customers
The New Jersey Home Performance with ENERGY STAR program 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. The table below breaks down the incentives offered by the program.
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Audit: |
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| Customer Investment | Incentives | How do I get started? |
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$125
($300 value) |
Includes a coupon to receive 10 free compact fluorescent light bulbs.
(The $125 fee is reimbursable upon completion of Step 3).* |
Call 866-NJSMART or search for a contractor in your area.
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Air Sealing: |
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| Customer Investment | Incentives | How do I get started? |
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0
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Free air sealing up to $1,000 is available. Customers are eligible for free air sealing only if air sealing opportunities were found and if no health and safety issues were found during the audit.
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Call 866-NJSMART to schedule your air sealing visit.
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Comprehensive Package: |
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| Customer Investment | Incentives | How do I get started? |
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Up to $20,000
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10% cash rebate, up to $2,000* or 5.99% interest loan if estimated heating savings are at least 5%, but less than 25%
-OR-
50% cash rebate, up to $10,000* and a 0% interest loan if estimated heating savings are 25% or greater
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In addition, the $125 assessment fee will be reimbursed if you have a minimum of $2,000 worth of additional work completed within 3 months of the audit date.
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If your estimated heating savings are at least 5%, but less than 25%, contact EFS at 888-264-4367 to apply for the loan. To receive the cash rebate, pay your contractor in full. The cash rebate will be processed when your contractor submits all of the paperwork to the program.**
If your estimated heating savings are 25% or greater, contact EFS at 888-264-4367 to apply for the loan. In this case, the cash rebate will then be assigned to EFS, who will pay your contractor in full for the work.
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*Current Home Performance incentives will carry over into 2010. Program details and incentives are subject to change. Commitments not to exceed budget.
**If the project is selected for a quality control inspection, the rebate will be processed after the QC inspection is complete, and the project has passed inspection.
Additional financial incentives are available for income qualified Home Performance customers.
The assessment includes a visual inspection of your house as well as combustion appliance testing and could take up to three hours. To schedule your home assessment, contact one of our participating, certified contractors. Should you have any questions regarding the program or to find out the status of your home in the process, please call 866-NJSMART.
***Participating contractors in the New Jersey Home Performance with ENERGY STAR program are independent home improvement contractors who have been accredited and certified by the Building Performance Institute. The contractors who participate in the program warrant their own work and may charge different fees for services they provide, including the home assessment if additional testing is included. It is generally accepted practice to contact several contractors before selecting one. Neither the NJ Board of Public Utilities, New Jersey’s Clean Energy Program, the Market Manager nor its contractors, warrant the products or services of participating contractors.
In order to qualify for incentives within the Home Performance with ENERGY STAR Program, work must be completed by one of the certified Home Performance Contractors listed in the NJCEP Trade Ally Database.