Save money and reduce your carbon footprint!
The State of New Jersey has a great program – Home Performance with ENERGY STAR, (HPwES) – that allows homeowners to:
- Receive rebates up to $4,000 and interest-free financing up to $10,000 for Energy Upgrades to residential properties.
- The monthly repayment of the financed amount is often the same or less than the savings from energy reduction the homeowner receives, so there may be no additional monthly outlay of cash.
- The best part is the Contractor does all the paperwork!
To qualify for the HPwES program you must:
- Have an Energy Star Audit from an HPwES participating contractor. (see list of HPwES participating contractors)
- Be sure to tell the contractor that you are interested in the Home Performance with ENERGY STAR Program so that they do the fully approved audit.
- If, during the initial audit, the contractor finds safety issues, such as mold, asbestos, or knob and tube wiring in your home, your residence will not be eligible for the program until these issues have been resolved. Up to $2,000 of the total project cost can be used to resolve these problems.
How the program works:
- The first step is to get a Energy Star Audit from a HPwES certified contractor.
- Once you have an Energy Star Audit conducted, your contractor will put together a list of recommended work. The Program recommends you contact several HPwES participating contractors to receive competitive quotes for your proposed work. Each HPwES contractor is required to perform their own audit, as they are responsible for the information collected and entered into the Program software.
- HPwES eligible measures include: Air Leakage Reduction (mandatory), and other optional measures, such as heating system, cooling equipment, water heater or building shell insulation. Here is the full list. After a contractor enters the audit data and the measures being proposed, the Program software calculates the estimated total energy savings, which determines what rebate you are eligible for (see HPwES Fact Sheet)
- Your HPwES contractor may use subcontractors, but either the lead contractor or the subcontractor must hold the required BPI certificate(s) to perform the work.
- You are not required to do all the work recommended by the contractor, though the work done must equate to an estimated Total Energy Savings (TES) of at least ten percent to qualify for program rebates and financing. Additionally, all projects must have an air leak reduction component.