Financing & Incentives
Princeton Air can help!
Our team stays up to date on what incentives are currently available to make our services more affordable. Find out just how much you could save with energy efficient upgrades, insulation, HVAC rebates, financing, and programs such as 0% On-Bill repayment (OBR) through your utility company.
Princeton Air is committed to helping homeowners and businesses in New Jersey and Pennsylvania save money while upgrading to energy-efficient systems. Thanks to a range of rebates, tax credits, and financing options, you can lower the cost of services we offer, such as HVAC installations, geothermal systems, ductless mini splits, and more.
Here’s an overview of the 2025 programs that can help make your home more comfortable, energy-efficient, and affordable.
2025 Energy Efficient Home Improvement Tax Credits
The Energy Efficient Home Improvement Credit, or 25C tax credit, allows homeowners to claim up to 30% of the cost of qualifying upgrades, with a total annual cap of $3,200. Thanks to the Inflation Reduction Act, this credit applies to a variety of home improvements.
- Ducted heat pumps and ductless mini splits
- Heat pump water heaters
- High-efficiency furnaces, boilers, and central air conditioners
- High-efficiency water heaters
- Insulation and air sealing
- Energy audits
- Electrical panel upgrades
- And more
Geothermal Heat Pump Tax Credit (25D)
If you’re considering geothermal heating and cooling, the Residential Clean Energy Credit (25D) offers significant savings:
- 30% tax credit with no annual cap
- Unused credit rolls over to the following year
Geothermal systems are among the most efficient and sustainable options for heating and cooling, and this credit ensures your investment pays off for years to come.
Utility Rebates and Financing in NJ & PA
Princeton Air partners with local utility companies to bring additional rebates and financing options directly to our customers. These programs are designed to help you upgrade your home’s energy efficiency with minimal upfront cost.
What You Can Expect in Rebates:
- $100 to $1,500+ on qualifying appliances and HVAC equipment
- Zero-Interest Financing for 84 or 120 Months through On-Bill Repayment Programs (OBR)
- Higher incentives depending on income qualifications
Qualifying Services and Equipment Include:
- Heating and cooling installations
- Ducted and ductless mini splits
- Geothermal heat pumps
- Furnaces and boilers
- Insulation and air sealing
- Energy audits
- Hot water heaters
- Smart thermostats
Today, most of New Jersey’s rebate and financing programs are run directly by the state’s electric and gas utilities. In Princeton Air’s service area, those utilities include:
Commercial Rebates and Tax Deductions
Businesses and organizations in New Jersey and Pennsylvania can also benefit from energy efficiency upgrades through commercial rebates and tax incentives, including:
- PSE&G Commercial Incentives
- Jersey Central Light & Power Commercial Incentives
- Elizabethtown Gas Commercial Incentives
- New Jersey Natural Gas Commercial Incentives
- PECO Commercial Incentives
- The Energy Efficient Commercial Buildings Deduction (Section 179D) for heating, cooling, ventilation, lighting, and more
What Is On-Bill Repayment (OBR)?
On-Bill Repayment offers a simple and affordable way to finance energy-efficient upgrades. With zero-interest repayment terms of 84 or 120 months, your monthly payment is added directly to your utility bill. This eliminates the need for separate financing accounts or statements.
Manufacturer Rebate Promotions
Throughout the year, top manufacturers like Mitsubishi Electric and Lennox offer additional rebates on high-efficiency equipment. Check out our Special offers page to find out what’s available for 2025, or speak with a Princeton Air representative for details.
Why Choose Princeton Air?
With over 50 years of experience, Princeton Air has helped countless customers take advantage of energy-saving incentives. Here’s why homeowners and businesses trust us:
- We guarantee rebate payments through our partnerships with utility providers.
- Our team handles all paperwork to ensure you maximize your savings.
- We offer multiple financing options, including OBR and Wells Fargo credit plans, so upgrades are accessible to every budget.
Start Saving Today!
Don’t wait to take advantage of these incredible incentives for 2025.
