- Save you money
- Increase your home comfort
- Improve your home’s value
- Improve your indoor air quality
- Make your home more resilient against the impacts of climate change, like extreme high and low temperatures and more pollutants in the air
IMPORTANT: Before applying, please ensure borrower(s) are on the utility bill and the deed. If this requirement is not fulfilled, the loan will be denied. Any additional people on the utility bill or deed do NOT have to be a borrower on the loan.
How can I qualify?
- Loan applicant must be the property owner.
- Gas utility bill must be and remain in the property owner’s name until the loan is paid back in full.
- If all or any part of the property or any interest in the property is sold or transferred without the gas utility’s prior written consent, the utility may require immediate payment in full of all money then owed under the on-bill repayment agreement.
- If the utility account is closed for any reason, immediate payment in full of all money then owed under the on-bill repayment agreement may be required.
- Eligibility for the on-bill repayment program is based in part on your utility bill payment history with South Jersey Gas, and we will require you to submit a copy of a recent utility bill, showing the service address, and gas and electric usage.
- If you don’t have 12 months of utility history with South Jersey Gas, determination for on-bill repayment program eligibility will be based on your general credit history (As part of the Credit Application process we will request a copy of your credit history).
What qualifies for financing?
The South Jersey Gas program is designed to help you increase your comfort and save money by installing eligible energy efficient equipment in your home. Financing can be combined with several of South Jersey Gas’s efficiency programs as noted below:
| Repayment options | Efficient Products (New or Upgrade) Financing | Existing Homes Home Performance with ENERGY STAR® Program Financing | Multi-Family Home Performance with ENERGY STAR® Program Financing |
|---|---|---|---|
| Maximum On-Bill Repayment Amount | Up to $15,000 at 0%. Maximum limits based on combination of applicable equipment. | Up to $15,000 at 0%. | Up to $2,000 per unit with a maximum of $250,000 per project. |
| Maximum On-Bill Repayment Term | 7 years or 10 years for income eligible customers. | 7 years (up to $10,000) or 10 years ($10,000+). | 7 years. |
You will need to work with a South Jersey Gas participating contractor to ensure all improvements installed meet minimum efficiency requirements to be eligible for financing. This list provides you with the efficiency requirements of the major equipment eligible for financing. In addition, the equipment must be on the ENERGY STAR® list.
Please contact the South Jersey Gas Residential team at 1-833-493-0691 or by email at southjerseygas@honeywell.com for a measure eligibility.
How do I find an approved contractor?
All installations must be completed by contractors currently on the South Jersey Gas Participating Contractors List. Find a participating contractor by county or installation type using our contractor search tool.
The fine print
Eligible Properties: Residential single-family and duplex homes
Loan Type: Unsecured. The homeowner provides no collateral. There are no fees, points, or closing costs.
Loan Amount: $2,500 - $15,000, dependent on the type of improvements installed.
Loan Rate: Fixed at 0%
Prepayment: No penalty, can pay in full at any time
Calculate your loan costs
Let us help you understand how much your loan will cost. Use our calculator for a quick estimate before you apply.
I'm ready to apply!
Please note the credit application is not a contract for on-bill repayment, nor does it lock you into any commitment with a contractor. The credit application will allow us to proceed with your request for an On Bill Repayment to finance your improvement(s). If additional information is needed, you will be notified of the specific documentation required to process your application.
There are three ways to apply:
- Apply online - Applying online is the fastest way to receive a decision. Use the portal below to complete the online credit application.
- Print the application - Download the credit application. Mail or fax the completed application to Energy Finance Solutions (EFS) at the address below.
- Request an application packet by mail - Call 1.888.264.4367 if you would like us to mail you an application. Mail or fax the completed application to EFS at the address below.
Energy Finance Solutions
431 Catalyst Way
Madison, WI 53719
About Energy Finance Solutions
EFS is committed to developing affordable financing programs to fund energy efficiency and renewable energy programs. Since 1996, we’ve partnered with hundreds of contractors, utilities, state agencies, municipalities and financial institutions to make energy upgrades easy and affordable for homeowners and businesses across the country. Visit the Slipstream website to learn more about partnering with us to build a financing program for your state.
