Eligible residential multi-family housing facilities in the Public Service Enterprise Group's (PSE&G’s) service territory may receive an investment grade audit of their facility campus at no cost. Auditors determine the potential savings derived through technologies including: HVAC, humidification, building envelope, motors, domestic hot water (DHW) systems, lighting, and other equipment. PSE&G provides an incentive by buying down the simple payback of cost effective projects by seven years, down to a level not less than two years. Eligible participants include NJHMFA Multi-family Affordable Housing projects, Non-NJHMFA Affordable and Market Rate Housing projects, and Urban rehabilitation projects identified by municipalities in PSE&G’s service territory.
Customers can also request a programmable thermostat separately during routine utility-related gas service calls. The service technicians provide the customer with five CFLs, if needed.
|Incentive Type:||Grant Program|
|Eligible Renewable/Other Technologies:||
|Incentive Amount:||Incentive buys down the simple payback of cost effective projects by seven years.|
|Maximum Incentive:||Buys down the project to no more than a two year payback (payback can be in one lump sum if the customer chooses).|
|Installation Requirements:||Multi-family housing with five or more units.|
80 Park Plaza
Newark NJ 07102
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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