New Jersey Natural Gas- SAVEGREEN Commercial On-Bill Financing Program
This program is designed for commercial and industrial facilities, not residential homeowners. If you operate a small-to-medium business with average annual electric demand under 200 kW, you may qualify for rebates covering up to 80% of retrofit costs for efficiency upgrades (lighting, motors, refrigeration, etc.), with flexible 0% APR financing up to $150,000–$250,000depending on project type spread over five years on your utility bill.
Market this program to your small and mid-sized commercial clients in New Jersey as a way to dramatically reduce their out-of-pocket costs—rebates can cover up to 80% of retrofit expenses—combined with 0% interest financing that appears on their monthly bill. NJNG structures incentive levels by project comprehensiveness (prescriptive vs. custom), and you'll need to verify customers stay under 200 kW average annual demand and meet program technical requirements for eligible equipment categories (motors, VFDs, lighting, refrigeration/freezers).
This utility-managed direct-install program targets commercial and industrial customers under 200 kW average annual demand with two financing tracks: prescriptive projects up to $150,000 and custom projects up to $250,000, both at 0% APR over five years via on-bill repayment. Rebates reach up to 80% of retrofit costs scaled by project comprehensiveness, with funding tied to prescribed equipment measures (motors, VFDs, lighting, HVAC, refrigeration) across small/medium facilities and local/state/federal government entities.
Program details
- Program ID
- 5728
- Last updated
- 8/12/2025
Eligibility
- Sectors
- commercial industrial local government state government federal government installers/contractors
- Technologies
- refrigerators/freezers lighting motors motor vfds
Program summary
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 Includes
- Rebates up to 80% of retrofit costs. Terms and Conditions apply
- Incentive levels are based on the level of comprehensiveness of a project
- 5 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
- Contact email
- SAVEGREENRepayment@njng.com
- Additional resources
Please verify current program details with the administering agency before making any financial decisions.