New Jersey Home Energy Rebates & Incentives
NJ homeowners can access up to $7,500 in Whole Home rebates — or $17,500+ when stacked with the PSE&G Building Decarbonization program. Plus 0% financing for up to 10 years. Sponsored by all 7 NJ utility companies. We help you find and claim every incentive.
Most NJ homeowners save the most with a Whole-Home Upgrade
Get up to $7,500 in Whole Home rebates — or $17,500+ when stacked with heat pump programs plus 0% financing for up to 10 years by bundling heat pump, insulation, water heater, and air sealing upgrades together.
Available Programs
Stack these programs together — plus 0% financing — for maximum savings and minimal out-of-pocket.
NJ Whole Home Energy Solutions
Comprehensive home energy upgrade program covering insulation, air sealing, HVAC, and water heater upgrades.
- Rebates up to $7,500
- Insulation & air sealing covered
- HVAC & water heater upgrades
- Home energy audit included
- Income-based enhanced rebates available
PSE&G Building Decarbonization
PSE&G's dedicated heat pump program with three tiers based on how much fossil fuel heating you replace.
- Clean Heat (full switch): up to $10,000+ with adders
- Dual Heat (add HP): up to $5,000+
- Hybrid Heat (cooling only): up to $2,000+
- Heat pump water heaters also covered
- LMI households get enhanced amounts
0% On Bill Repayment (OBR)
PSE&G and NJ utilities offer 0% interest financing repaid through your utility bill for up to 10 years.
- Up to $25,000 for standard projects
- Up to $50,000 for heat pump (BD) projects
- 0% interest for up to 10 years
- Repaid through your monthly utility bill
- Combine with rebates for lowest out-of-pocket
Pay the remaining balance at 0% interest for up to 10 years
NJ utility companies offer 0% interest On Bill Repayment (OBR) for up to 10 years — up to $25,000 for most projects, or up to $50,000 for qualifying heat pump projects.*
Example: A $24,000 whole-home upgrade with $7,500 in rebates leaves $16,500. With 0% On Bill Repayment, that's just ~$138/month for 10 years at 0% interest.
What You Can Upgrade
Typical rebate ranges for NJ homeowners through state and utility programs.
Service
Rebate Range
Whole-Home Upgrade
Best ValueUp to $7,500
Heat Pump (Clean Heat)
Up to $10,000+ (PSE&G BD)
Whole Home + Heat Pump (Stacked)
Up to $17,500+
Insulation & Air Sealing
Up to $7,500
Water Heater (Heat Pump)
$750 rebate
HVAC Replacement
~$200
Who Qualifies?
Most NJ homeowners are eligible for at least some rebates.
New Jersey homeowners who own and occupy the home
Single-family homes qualify for all programs
Multi-family properties (2-4 units) are also eligible
Income-based enhanced incentives available for qualifying households
Real NJ Example: Cherry Hill
See how a typical NJ homeowner saved with a whole-home energy upgrade.
Building Details
Cherry Hill, NJ
Home Type
Single-family colonial
Size
2,400 sq ft
Year Built
1999
Existing System
18-year-old gas furnace + AC
Issues
High energy bills, drafty rooms, uneven temperatures
Cost Breakdown
Whole-Home Upgrade
Heat pump system
$12,500
Insulation + air sealing
$5,800
Heat pump water heater
$3,200
Total project
$21,500
NJ Whole Home rebate
-$7,500
What this homeowner pays
Can save $50–$300/mo on energy — net positive from month one
Rebates by County
Rebate programs vary by utility. Find your county to see exactly which programs you can access.
Check Your NJ Eligibility
Answer a few quick questions and we will show you exactly which rebates you qualify for.