HVAC Financing in New Jersey: Synchrony and NJNG SAVEGREEN Explained

Quick answer: You can pay for a new heating or cooling system over time with financing through Synchrony, subject to credit approval, and apply online. New Jersey Natural Gas customers may also qualify for rebates and 0% APR financing on a new high efficiency furnace, boiler or water heater through NJNG's SAVEGREEN program. SAVEGREEN is provided by New Jersey Natural Gas, not Prime Comfort Group; terms and eligibility apply, and details are at savegreen.com. Book a free written estimate and we'll help you understand your options.

A furnace, boiler, heat pump or water heater rarely fails at a convenient time. Financing and utility programs can make a better, more efficient system affordable, if you understand how they work. Here's a plain-English guide.

Your two main options

You may be able to use one or the other depending on your situation. We'll help you work out what fits.

Financing through Synchrony

Synchrony financing lets you spread the cost of a new system over time instead of paying all at once, subject to credit approval.

How it typically works:

1. Get a written estimate for your system
2. Apply through the Synchrony application link or ask us for help
3. Synchrony reviews the application and gives you its decision and terms
4. Read the terms carefully before accepting
5. Schedule your installation

Good questions to ask the lender:

• What is the interest rate, and does it change?
• Are there promotional terms, and what happens when they end?
• What is the minimum monthly payment?
• Is there a penalty for paying early?
• What is the total amount I'll pay?

We don't set Synchrony's rates or terms, so always read its disclosures.

The NJNG SAVEGREEN program

If you're a New Jersey Natural Gas customer, NJNG's SAVEGREEN program may offer rebates and 0% APR financing on a new high efficiency furnace, boiler or water heater.

Things to know:

• It's run by New Jersey Natural Gas, not Prime Comfort Group
• Eligibility, equipment requirements and terms apply, and they can change
• You need to be an NJNG customer; other utilities run their own programs
• Check the current details at savegreen.com before you buy

Ask us at your estimate which equipment may qualify, and keep model numbers and paperwork handy for any application. Programs differ by utility, so if your gas comes from another company, check that utility's current offers.

Which equipment this applies to

Synchrony financing can be used for new heating or cooling systems, such as:

• Gas furnaces (see furnace replacement in New Jersey)
• Heat pumps and dual fuel systems (see heat pump vs air conditioner)
• Central air conditioning (see AC installation quotes)
• Boilers and combi boilers (see boiler replacement)
• Water heaters (see what size water heater you need)

SAVEGREEN applies to qualifying high efficiency furnaces, boilers and water heaters for eligible NJNG customers. See is a high-efficiency furnace worth it.

Financing and our offers

• $500 off a new heating or cooling system (terms apply)
• Free written estimate with an upfront price

Our offers cannot be combined with other Prime Comfort Group offers. We'll explain exactly what applies to your system in writing, so there are no surprises. Ask about financing at your estimate, and we'll show you the full price first.

How to compare financing fairly

A low monthly payment can hide a higher total cost. Compare:

1. The total price of the system in writing
2. The rate (APR) and whether it's promotional
3. The length of the loan
4. The total you'll pay over the life of the financing
5. Fees and early payment rules
6. Rebates you may qualify for, which lower your net cost

Also compare what you're buying. A cheaper, oversized or low-efficiency system can cost more to run every month. See what affects heat pump installation cost and AC replacement cost factors.

Repair or replace and finance?

Financing makes sense for a replacement, not for keeping an old system alive with expensive repairs. A common guide: if a repair costs around half the price of a new system on equipment near the end of its life, compare replacement. See signs you need a new furnace and repair or replace your AC.

The process with us

1. Book a free estimate online or by phone
2. We inspect your home and do a load calculation
3. You get written options with model numbers and upfront prices
4. We explain financing and possible SAVEGREEN eligibility
5. You apply with the lender or program
6. We install, often next day where the job allows
7. We handle the permit and inspection, and give you paperwork for any rebate application

Watch out for

• Pressure to sign the same day
• Payment-only quotes without a total price
• Claims that every system qualifies for 0% APR
• Rebate promises without written program details

A reputable contractor shows you the full price and the program rules in writing.

A simple budgeting example

Say your furnace is 20 years old and your estimate shows two options: a standard furnace and a high efficiency model. Here's how to think about them with financing:

1. Start with the total installed price of each option, in writing.
2. Check whether you're an NJNG customer and whether the high efficiency model may qualify for SAVEGREEN rebates or 0% APR financing at savegreen.com.
3. If you use Synchrony financing, read the rate, term and total cost in its disclosures.
4. Estimate running costs with your own gas bills. A more efficient furnace may cost less to run each month.
5. Compare the real monthly picture: payment plus expected energy cost, not payment alone.

We don't set financing terms, but we'll give you clear written prices for each option so the comparison is fair.

Paperwork to keep

• Your signed estimate and final invoice
• Equipment model and serial numbers
• Permit and inspection records
• Any rebate application and approval
• Financing agreement and payment schedule
• Warranty registration confirmation

Keep them together. They help with rebates, warranty claims and, one day, selling your home.

Who to call for what

• Questions about our prices, equipment or installation: call us at (732) 779-7106
• Synchrony application, rates or account questions: Synchrony, through the application link or your account
• SAVEGREEN eligibility, rebates or 0% APR terms: New Jersey Natural Gas, via savegreen.com

Before you sign anything

Read every page of the financing agreement and the program terms. Make sure the equipment model on your estimate matches what you're financing, and ask us to explain anything in our quote that isn't clear. Take your time; a good decision is worth an extra day.

Free estimates and financing near you

We're family-owned and veteran-owned, and our work is performed under NJ Master HVACR License 19HC00767800 by our own team, never subcontractors. We install across all 153 towns in Ocean, Monmouth, Burlington and Middlesex counties, including Toms River, Brick, Wall Township and Howell.

Apply for financing, book a free estimate online, or call (732) 779-7106.

Synchrony financing subject to credit approval. SAVEGREEN rebates and financing provided by New Jersey Natural Gas, not Prime Comfort Group. Terms and eligibility apply. See savegreen.com.