PSE&G - Multi-Family Residential Efficiency Program (New Jersey)
Last modified on February 12, 2015.
Financial Incentive Program
|Place|| New Jersey
|Name||PSE&G - Multi-Family Residential Efficiency Program (New Jersey)|
|Incentive Type||Utility Grant Program|
|Applicable Sector||Multi-Family Residential|
|Eligible Technologies||Building Insulation, Caulking/Weather-stripping, Comprehensive Measures/Whole Building, Custom/Others pending approval, Duct/Air sealing, Programmable Thermostats|
|Active Incentive|| No
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| Incentive buys down the simple payback of cost effective projects by seven years.
|Expiration Date|| 2013-12-31
|Installation Requirements|| Multi-family housing with five or more units.
|Maximum Incentive|| Buys down the project to no more than a two year payback (payback can be in one lump sum if the customer chooses).
|Program Budget|| $39,000,000
Eligible residential multi-family housing facilities in the Public Service Enterprise Group's (PSE&G’s) service territory may receive an investment grade audit of their facility campus at no cost. Auditors determine the potential savings derived through technologies including: HVAC, humidification, building envelope, motors, domestic hot water (DHW) systems, lighting, and other equipment. PSE&G provides an incentive by buying down the simple payback of cost effective projects by seven years, down to a level not less than two years. Eligible participants include NJHMFA Multi-family Affordable Housing projects, Non-NJHMFA Affordable and Market Rate Housing projects, and Urban rehabilitation projects identified by municipalities in PSE&G’s service territory.
Customers can also request a programmable thermostat separately during routine utility-related gas service calls. The service technicians provide the customer with five CFLs, if needed.
|Contact Name|| PSE&G
|Phone 2|| (877) 533-7387
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.