NJ Whole Home Energy Solutions — Up to $7,500 in Rebates (2026)
The NJ Whole Home Energy Solutions program offers up to $7,500 per single-family or small multi-family home, bundling insulation, air sealing, HVAC, and water heater upgrades into one project. A typical NJ whole-home upgrade costs $15,000–$30,000; rebates plus 0% On-Bill Repayment financing can bring out-of-pocket to near zero. Sponsored by all 7 NJ utility companies, funded first-come, first-served. As of April 2026.
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What If Your Upgrade Cost Less Than Your Energy Bill?
Most homeowners pay $13,250–$18,000 out of pocket just to replace their HVAC. With HomeWise, you get a complete home transformation — HVAC, insulation, water heater, and more — for as low as $146/month with 0% financing. And your energy bills can drop by more than that.
The Old Way — Equipment-Only HVAC
You pay
$13,250
out of pocket, upfront
- Replaces HVAC only — nothing else
- Small equipment rebate: ~$200
- No insulation, air sealing, or water heater
- Energy bills barely change
Whole-Home via HomeWise (Example Project)
You pay
$0 down • $17,500 after $7,500 in rebates
- New HVAC + insulation + air sealing + water heater + smart thermostat
- up to $7,500 in rebates applied immediately
- 10–35% lower energy bills (~$50–$300/mo saved)
- Complete home comfort transformation
You pay $146/mo with 0% APR, no out-of-pocket. You can save $50–$300/mo on energy.
Net positive from month one.
The math is simple: A typical HVAC-only replacement costs $13,250 upfront and barely lowers your energy bills. A whole-home energy upgrade through HomeWise costs $146/mo at 0% interest, includes HVAC + insulation + water heater + more, and saves you ~$150/mo on energy. You come out ahead every month.
What's Included
A whole-home upgrade covers every major energy system in your home.
Heat Pump or HVAC
High-efficiency heating and cooling system
Insulation
Attic, walls, and basement insulation
Water Heater
Heat pump water heater upgrade
Air Sealing
Professional sealing of all gaps and cracks
Two NJ rebate paths — pick the right one for your home
NJ Whole Home Energy Solutions and PSE&G Building Decarbonization are two separate programs. Heating and cooling can sit under one or the other, not both. We help you pick the path with the better combined economics.
NJ Whole Home Energy Solutions
Bundled rebate covering insulation, air sealing, HVAC, water heater — and heat pump when it is part of the bundled scope.
Up to $7,500
PSE&G Building Decarbonization
Separate heat-pump-focused program. Choose this path when you want a larger heat pump rebate; heating and cooling come out of the Whole Home scope.
Up to $10,000+
0% On-Bill Repayment Financing
Up to $25,000 standard, plus an additional $50,000 with electrification ($75,000 total). Stacks across both programs.
The HomeWise Difference
A whole-home upgrade involves multiple trades and complex rebate paperwork. HomeWise manages the entire project so you do not have to.
- Vetted contractors for every trade — HVAC, insulation, plumbing
- Single project manager coordinates everything
- All rebate applications filed on your behalf
- Quality inspections at every stage
- One point of contact from start to finish
Frequently Asked Questions
How is this different from just replacing my HVAC?
A whole-home upgrade addresses your entire energy envelope, not just one piece of equipment. By combining insulation, air sealing, HVAC, and water heater upgrades, you qualify for dramatically larger rebates and achieve much greater energy savings.
How can it cost nearly the same as equipment-only?
Equipment-only HVAC costs $13,250–$18,000 with ~$200 rebate, and you pay $10k+ out-of-pocket. Whole-home upgrade: $25,000–$32,000 with $7,500 rebates = $17,500–$24,500, and you can leverage 0% financing so it ends up being ~$146/mo with no out-of-pocket expense! Plus you get HVAC, insulation, water heater, smart thermostat, and more.
How long does a whole-home upgrade take?
About 4 weeks from start to finish. Weeks 1–2: Home energy assessment, custom project design, and rebate paperwork. Weeks 3–4: Installation — scheduled on a first-come, first-served basis. The sooner you sign up, the sooner we can lock in your installation slot.
Do I need to do everything at once?
While doing everything together maximizes your rebates, we can phase the work if needed. However, the Whole Home Energy Solutions program rewards comprehensive upgrades, so bundling typically delivers the best financial outcome.
Ready for a Complete Home Transformation?
Get a free energy assessment and see exactly how much you can save with a whole-home upgrade.