With Energy Finance Solutions, South Jersey Gas offers a loan program for residential customers to upgrade their gas HVAC system. Furnaces, boilers that meet specific energy efficient requirements are eligible to be funded at up to 100% of costs.
|Incentive Type:||Loan Program|
|Eligible Renewable/Other Technologies:||
Installation of eligible measures resulting in energy savings of at least 5% and less than 20%: Maximum Loan of $5,000, Maximum Rebate of $2,000.
Installation of eligible measures resulting in energy savings of at least 20% and less than 25%: Loan Amount, Up to $10,000 (0%APR), $10,000 - $15,000 (0.99%APR), Maximum Rebate $3,000
Installation of eligible measures resulting in energy savings of at least 25% or more: Loan Amount, Up to $10,000 (0%APR), $10,000 - $15,000 (0.99%APR), Maximum Rebate $4,000
|Loan Term:||Fixed rate loan terms: 36 months (up to $5,000), 60 or 84 months ($5,000 - $10,000), 108 months (over $10,000 up to $15,000)|
|Interest Rate:||0% or 0.99%|
|Name:||Program Information - Energy Finance Solutions Loans|
|Organization:||South Jersey Gas|
431 Charmany Drive
Madison WI 53719
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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