New Jersey Societal Benefits Charge (Public Benefits Fund); State Energy Program (SEP) funds
Residential Electric Customers (including municipal utility customers):
Solar Hot Water Heater: $1,200
Heat Pump Water Heater: $500
Geothermal Heat Pump: $500
Heat Pump: $500
Residential Gas Customers (including propane):
Gas Furnace: $250- $500
Gas Furnace (ENERGY STAR qualified): $500
Gas Boiler: $300
Gas Water Heater: $500
Solar Hot Water Heater: $1,200
Oil Heating Customers:
Oil Furnace: $250
Oil Boiler: $300
Boiler Controls: $175
Boiler and Water Heater Combination Rebate: $900
Furnace and Water Heater Combination Rebate: $900- $1,000
Hurricane Sandy adder: $200
NOTE: Residents affected by Hurricane Sandy are eligible for an additional incentive of $200 for qualifying furnaces, boilers, and water heaters purchased after October 29, 2012. It should also be noted that incentives provided below apply for units purchased between Nov 1, 2014 through June 30, 2015.
The New Jersey Clean Energy WARMAdvantage Program offers rebates on furnaces, boilers and water heaters with the objective of improving the efficiency of space heating and water heating systems. The program is currently available statewide to all New Jersey residents, (i.e., including users of oil, propane, and electric customers of municipal utilities) though at some points in the past eligibility has been limited to customers of the state's investor-owned natural gas and electric utilities. Measures must be installed as retrofits in existing homes; new construction does not qualify.
Residential Gas Customers: Gas furnaces, boilers, and water heaters can qualify for incentives of $250 to $500. A $1,200 rebate is available for ENERGY STAR qualified solar domestic water heaters. Customers of Elizabethtown Gas, New Jersey Natural Gas, Public Service Electric and Gas, and South Jersey are eligible for $175 rebate for installing qualifying Gas boiler reset controls. For the purposes of this summary, propane customers are considered to be gas customers.
In order to be eligible for this program, applicants must be current residential gas customers of Elizabethtown Gas, New Jersey Natural Gas, Public Service Electric and Gas, or South Jersey Gas or use propane for heating purposes. Several of these utilities also offer supplemental incentives for residential space and water heating applications.
Residential Electric Customers: Energy Star qualified solar hot water heaters that replace or supplement an existing electric water heater are eligible for a flat incentive of $1,200 per system. This incentive is available to qualifying electric customers of Atlantic City Electric, Jersey Central Power & Light, Public Service Electric & Gas, or Rockland Electric as well as customers of the state's municipal electric utilities.
Oil Heating Customers: ENERGY STAR qualified oil furnaces and oil boilers qualify for an incentive of $250 and $300 respectively.
“Combination Rebate” of $900 is available for installing a qualified Boiler and a qualifying water heater.