New Jersey Natural Gas- SAVEGREEN Commercial On-Bill Financing Program

NJ Loan Program commercial industrial local government state government federal government installers/contractors

Program Details

Program ID: 5728
Last Updated: 8/12/2025

Eligibility

Eligible Sectors

commercial industrial local government state government federal government installers/contractors

Eligible Technologies

refrigerators/freezers lighting motors motor vfds

Program Summary

The new utility-managed Direct Install energy efficiency program is designed to provide generous incentives for comprehensive energy efficiency projects. When combined with our five year 0% OBRP, this program makes upgrading to high efficiency equipment a budget friendly pathway to saving energy, money and the environment.

The program is structured in two tiers to accommodate small and medium size facilities with an average annual electric demand under 200 kW.Direct Install Program IncludesRebates up to 80% of retrofit costs. Terms and Conditions applyIncentive levels are based on the level of comprehensiveness of a project5 year 0% APR On-Bill Repayment Program for qualified customers.

Loan Program

Includes 5 year 0% APR On-Bill Repayment Program for qualified customers.On bill financing through the NJNG OBRP:Prescriptive: 0% APR $150,000 maximum for a five-year-term.Custom: 0% APR $250,000 maximum for a five-year-term.

Contact & Resources

Additional Resources

https://www.savegreenproject.com/businesses

Please verify current program details with the administering agency before making any financial decisions.