Make On-Bill Repayment This Spring’s Power Move

On Feb 26, 2024

Year-round, the PSE&G Business Energy Saver Program is focused on showcasing the advantages of its on-bill repayment (OBR) option, and for good reason. OBR is a flexible payback initiative that helps make energy efficiency improvements more affordable for New Jersey businesses. With spring just around the corner, and everyone’s attention turning to energy-efficient air conditioning, now’s another good time to highlight the benefits of PSE&G’s OBR option.

OBR is affordability made easy

Here’s OBR in a nutshell, for those unfamiliar. If qualified, you could pay the balance of your energy efficiency project costs not already covered by incentives over five years, interest-free, right on your energy bill. When eligible businesses combine this payment option with federal funding that’s currently available, plus project-specific incentives, the total savings could be significant. For some project work, in fact, it could mean that most, if not all, of the energy efficiency costs are covered—with no cash outlay required upfront.

With contributing factors like these, it’s no surprise that numerous business owners are availing themselves to this popular project repayment option. Thanks to OBR, large-scale energy efficiency improvements—like installing new central air conditioning systems, replacing refrigeration units with models rated for higher seasonal energy efficiency ratios, or investing in facility-wide energy-conserving LED lighting—are more accessible than ever.

Connect. Conserve. Save. Repeat.

These are just some of the programs and solutions available through PSE&G’s Business Energy Saver Program. New Jersey businesses are encouraged to explore these and many other resources at bizsave.pseg.com or by calling 1-844-300-PSEG (7734). Learn how PSE&G is committed to being a trusted partner in energy efficiency.

Disclaimer: Sponsored content articles do not reflect the opinions of New Jersey Business Magazine or the New Jersey Business & Industry Association.

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