New Jersey GREEN Loan Program for Renewable Energy and Energy Efficiency
Official: A 5682 — Establishes GREEN Loan Program in BPU to finance certain renewable energy and energy efficiency projects; appropriates $5 million.
Reading: The bill creates a new $5 million loan financing program to expand access to renewable energy and energy efficiency projects.
This bill is currently being reviewed by the Assembly Telecommunications and Utilities Committee.
In clear language
New Jersey is proposing to create a new loan program called GREEN Loans through the Board of Public Utilities that will help homeowners and businesses pay for renewable energy and energy efficiency upgrades. The state would invest $5 million to get the program started. This bill is currently being reviewed by the Assembly Telecommunications and Utilities Committee.
How does this affect you?
Pick the type of resident or organization you most identify with — we'll generate a plain-language breakdown of what changes for you and what you can do about it.
Who does this affect?
- Homeowners looking to install solar panels, heat pumps, or improve home insulation
- Small businesses wanting to upgrade to energy-efficient equipment
- People who cannot afford upfront costs for clean energy improvements
- New Jersey residents and businesses paying energy bills
What can you do?
- Contact your state Assembly representative to express support for the bill
- Learn about current energy efficiency and solar rebate programs in New Jersey while this bill is in committee
- Prepare information about your home or business's energy needs in case the program becomes available
Timeline
- 2026-10-19: Bill introduced and referred to Assembly Telecommunications and Utilities Committee
No New Jersey official has a verified action on this policy yet.
Related policies
- NJ LegislatureOct 5, 2026New Jersey GREEN Loan Program for Renewable Energy and Energy Efficiency
New Jersey is proposing to create a new loan program called GREEN that would help residents and businesses pay for renewable energy and energy efficiency projects. The program would be run by the state's Board of Public Utilities and would have $5 million in initial funding. This is currently being reviewed by the state Senate.
- NJ LegislatureMay 18, 2026Creating an Office of Clean Energy Equity to help overburdened communities access clean energy programs
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- NJ LegislatureMay 7, 2026Creating Clean Energy Programs for Neighborhoods That Need Them Most
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- NJ LegislatureMay 7, 2026Clean Energy Equity Program for Low-Income Communities
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