Details - Nat Gas Saves

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Details, Terms and Conditions

Rebates and Incentives to Make Your
Conversion to Natural Gas more affordable

INDIVIDUAL EQUIPMENT
REBATES/EFFICIENCY
REQUIREMENTS

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Use a qualified contractor to install high-efficiency equipment and save with rebates from The SAVEGREEN Project® of New Jersey Natural Gas (NJNG) and New Jersey’s Clean Energy Program™ (NJCEP).

Information regarding NJCEP rebates and incentives is provided for informational purposes only. NJCEP rebates and incentives are independent of NJNG and not subject to NJNG supervision or control. Qualified furnaces must have a minimum AFUE of 95%. Qualified hydronic boilers must be 90% AFUE or greater. Installation of qualified furnace or boiler qualifies you for an NJNG FREE Home Energy Analysis. NOTE: All offers are subject to available funding. NJNG reserves the right, with approval of the New Jersey Board of Public Utilities, to terminate, modify, suspend or extend this rebate program. NJNG rebates and incentives do not apply to new construction.

Up to $6,500 0% APR On-Bill Repayment Program

The 0% APR On-Bill Repayment Program (OBRP) is offered to NJNG customers who own single family and duplex homes and are the customer of record on the NJNG account. NJNG reserves the right to limit participation in OBRP to customers who utilize natural gas heating. Qualified NJNG residential customers can repay between $2,500 and $6,500 for a qualifying furnace/boiler and water heater installed at the same time at 0% APR on their NJNG bill for five years. For example, on a $6,500 repayment with an APR of 0% and term of five years, customer would make 59 payments of $108.34 and one final payment of $107.94. There are no fees, no closing costs and no prepayment penalties. Each property owner or customer of record is eligible for only one OBRP agreement for one residential unit of property regardless of how many units the property owner or customer of record owns.

Free Home Energy Analysis

AFTER installation of qualified high-efficiency equipment by a qualified contractor, you may be eligible for a FREE NJNG Home Energy Analysis of air infiltration, heating and cooling systems and insulation value. Your Home Energy Analysis will show you additional ways to save energy and money. Our conversion specialist will help guide you through the process. All savings and cost estimates are for informational purposes only and should not be considered a guarantee. NJNG is not liable for the failure of the customer to achieve a specified amount of energy savings.

MAKE THE MOVE TO NATURAL GAS: LOWER YOUR HEATING COSTS

*Oil and propane comparison prices:www.eia.gov/dnav/pet/pet_pri_wfr_dcus_SNJ_w.htm (March 26,2018). Electric comparison price: www.firstenergycorp.com/content/dam/customer/billinserts/8467-JCPL_ResidentSerElecRates%200717.pdf (June 1, 2017). Natural gas may not be directly in front of your property. Conversion may require additional service main which may result in an additional charge to customer. The 75 percent savings reference is based on a 2,000 square foot home, comparing natural gas heating cost with a 95 percent efficient heater at $1,106, oil heating cost with an 80 percent efficient heater at $3,283 and propane heating cost with an 80 percent efficient heater at $5,876.