August 27, 2018
We know that upgrading to the latest in energy efficient tech can be costly. Programs like Direct Install from New Jersey’s Clean Energy Program can help, offering up to 70% off incentives for businesses to make the clean energy switch. But what if even paying just 30% is too much for your current business budget?
That’s where financing options come in.
As the Direct Install contractor for Morris and Warren County, we’re lucky that some of our customers are in the New Jersey Natural Gas territory!
New Jersey Natural Gas (https://www.njng.com/) customers have the opportunity to upgrade their facility with the utilitiy’s 0% APR On-Bill Repayment Program (OBRP). It’s all part of their SaveGreen Project; NJNG will finance the remaining 30% off your Direct Install project for up to 3 years. For NJ SmartStart Buildings projects, up to 10 years. New Jersey Natural Gas customers must have a good payment history and no bankrupticies in the past 10 years in order to qualify. Learn more here: http://www.savegreenproject.com/
Not a New Jersey Natural Gas customer? Not a problem.
We’ve partnered with Graybar Financial Services (https://www.graybar.com/) to offer customized payback options (as long as 5 years) to be in line with the payback period of your project. That means you can select a payback option that will match your savings to make it a cash neutral or sometimes a cash positive project. Interest rates vary based on length of loan term.
Now that your 30% is covered, what’s holding you back from upgrading your business? Contact us today to learn more about our financing options.