CBRE

Business News

Jan 2
NJBPU Offers Rebates & Other Incentives By Betsy Kraat

NEWARK--The New Jersey Board of Public Utilities (NJBPU) is offering heating equipment rebates,
practical power tips and other incentives through New Jersey's Clean Energy
Program(TM).

Sponsored by the NJBPU and New Jersey's Clean Energy Program, Home Performance with ENERGY STAR is a program that helps homeowners find accredited contractors who can deliver advanced energy efficiency
improvements to homes in order to save money, energy and the environment. Under the program, homes of any style or size can be improved to reduce energy use and decrease costs by up to 30 percent.

Accredited by the Building Performance Institute (BPI), contractors participating in the Home Performance with ENERGY STAR program perform a comprehensive energy assessment to test a home's overall energy performance and develop a plan to improve the home's energy efficiency and comfort.
These contractors help residents repair or replace heating and cooling equipment, solve problems with cold and drafty rooms, and help lower energy costs and improve comfort. They also test ovens, water heaters and other equipment to make sure dangerous combustion gases, like carbon monoxide, are not leaking into the home.

Because of increased energy efficiency and reduced energy bills, typical improvements pay for themselves. The initial assessment fee varies by contractor, and some contractors may deduct the assessment fee if the homeowner decides to implement the recommended improvements. The initiative
offers low-interest financing or 10 percent cash-back options to help pay for making the improvements. In addition, the State of New Jersey offers incentives on some eligible measures.

New Jersey Board of Public Utilities
www.nj.gov/bpu

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