It looks like City Ventilations, LLC has partnered with PSE&G and Jersey Central Power & Light (JCP&L) to offer 0% financing as well as on-bill repayment for eligible residential and commercial energy efficiency upgrades, via the NEIF (National Energy Improvement Fund) EnergyPlus loan program under the utilities’ rebate programs.
1. Who is involved
- City Ventilations, LLC is an NEIF‑Approved Contractor operating in New Jersey that participates in utility-backed energy efficiency programs.
- Partnerships with PSE&G and JCP&L allow them to offer financing for qualifying upgrades.
2. What’s being offered
- 0% interest financing for qualifying energy efficiency projects (like HVAC, heat pumps, water heaters, and Whole Home Energy Solutions upgrades).
- Repayments are included on the customer’s utility bill (on-bill repayment or OBR) instead of via separate loan statements.
3. Loan terms and eligibility
With JCP&L (via NEIF):
- Loan amounts range from $2,500 to $25,000 at 0% APR.
- Repayment terms:
- 36, 60, or 84 months for HVAC or Whole Home Energy Solutions when project ≤ $10,000.
- Up to 120 months for projects > $10,000 or for low-to-moderate income (LMI) applicants
With PSE&G:
- Up to $25,000 0% financing through the On‑Bill Repayment program for participating energy efficiency upgrades.
- Standard terms: 84 months for project costs ≤ $10,000; or 120 months for costs between $10,001 and $25,000 or for LMI customers.
✅ Benefits
- No interest (0% APR) and fixed monthly payments, simplifying budgeting.
- Convenience: The monthly loan payment is added to your existing utility bill—no separate lender or statements.
- Instant credit decisions via NEIF, no lien on the home, and no prepayment penalty if you pay off in full early.
- Additional benefits for low-to-moderate income customers—longer repayment terms (up to 10 years) regardless of project size.
🛠️ How to Participate
- Be a customer of PSE&G or JCP&L for electric and/or gas service.
- Choose City Ventilations (or another NEIF‑approved contractor) to install qualifying ENERGY STAR® equipment.
- Apply through the contractor—they’ll start the rebate and on‑bill repayment enrollment.
- NEIF processes the 0% financing; the utility adds monthly payments to your bill.
- Complete installation, submit rebate paperwork. NEIF pays the contractor once the rebate is approved.
📝 Bottom Line
Yes — City Ventilations is actively participating with PSE&G and JCP&L as a NEIF‑approved contractor offering 0% financing and on‑bill repayment terms up to 84 months (and up to 120 months in certain cases). Their involvement makes it easier for homeowners and businesses to undertake energy-efficient upgrades with little or no upfront cost.
Need help figuring out if your specific project qualifies—or want to explore contractors and rebate forms? I can walk you through that next!
