Now is the best time to make your home energy efficient and enhance the comfort of your living space while saving money with the generous incentives from the 2011 New Jersey Home Performance with Energy Star program (HpwES).
Listed below are the requirements and incentives for the 2011 HPwES Program.
Tier 1 Requirements:
- Estimated total energy savings (TES) of at least 10% and less than 20%: Install air sealing and/or insulation, with the option of installing duct sealing and duct insulation measures.
- $1,000 cash rebate, not to exceed 50% of cost of the measures used to calculate TES. No loan option available.
Tier 2 Requirements:
- Estimated TES of at least 20% and less than 25%:Install air sealing, insulation, HVAC, DHW and/or other eligible measures. (Measures NOT eligible are appliances, lighting, doors and windows)
Incentives:
- $3,000 cash rebate, not to exceed 50% of cost of the measures used to calculate TES,And 0% interest loan up to $10,000 available through Energy Finance Solutions (EFS).
Tier 3 Requirements:
- Estimated TES of at least 25% or greater: Install air sealing, insulation, HVAC, DHW and other eligible measures. (Measures NOT eligible are appliances, lighting, doors and windows)
Incentives:
- $4,000 cash rebate, not to exceed 50% of cost of the measures used to calculate TES,And 0% interest loan up to $10,000 available through Energy Finance Solutions (EFS).
Here's a potential savings example to consider with the HPwES program:
The first step to energy savings and HPwES rebates is to schedule an audit and learn more about what you can do reduce your carbon footprint while saving money on your utility bills.
Be sure to contact us or check out our Clean Energy Page for any other questions and tips on preparing for your energy audit.
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