Direct Install from New Jersey’s Clean Energy Program™ is a TURNKEY state-run incentive program that makes it easy and affordable for businesses to upgrade to high efficiency equipment. Specifically designed for small-to-medium sized facilities, Direct Install covers up to 80%* of the cost upfront in an effort to lower energy usage and energy costs across the Garden State.
Municipalities, Counties, K-12 school districts, Urban Enterprise Zones, Opportunity Zones, and Affordable Housing are eligible to receive up to an 80% incentive for a Direct Install project.
New Jersey’s Clean Energy Program™ offers another alternative for commercial customers ineligible to participate in Direct Install; NJ SmartStart Buildings®! SmartStart Buildings has prescriptive rebates available for individual measures that helps both existing facilities and brand new or ground up buildings become energy efficient.
This program is geared towards new construction and Additions, renovations and remodeling, and equipment replacement for larger scaled businesses.
All non-residential utility customers are eligible to participate and receive up to $500,000 per electric account and $500,000 per natural gas account each program year.
Prescriptive measures include; Lighting and lighting controls, HVAC measures, Electric chillers, Gas water heating + Gas cooling and heating, Food service equipment, Variable frequency drives, Ground source heat pumps, Refrigerator doors and covers, Refrigerator / freezer motors, Refrigeration controls.
The SAVEGREEN Project® from New Jersey Natural Gas (NJNG) offers a 0% APR On-Bill Repayment Program (OBRP) to their commercial customers in order to help make upgrading to high-efficiency natural gas equipment even more easy and affordable.
Donnelly Energy also 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.