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2007

New Jersey Natural Gas

NJNG OFFERS ZERO PERCENT FINANCING FOR HIGH-EFFICIENCY UPGRADES
04/18/2007 - For Immediate Release

WALL, N.J. – For a limited time, New Jersey Natural Gas (NJNG) is offering existing residential customers a no-interest loan through Commerce Bank toward the purchase and installation of qualified high-efficiency heating equipment.

By installing energy-efficient furnaces and boilers, customers will not only save money on their monthly bills, but they will also help to conserve natural resources and reduce carbon emissions, the leading cause of climate change.

Customers who are interested in applying for NJNG’s Zero Percent Financing offer should choose an independent heating contractor who will help them to select equipment that meets their home’s needs. To be eligible for the loan, installed equipment must meet the WARMAdvantage Program efficiency guidelines with an Annual Fuel Utilization Efficiency, or AFUE rating, of 90 for furnaces and 85 for boilers. The WARMAdvantage Program, sponsored by New Jersey’s Clean Energy Program, provides homeowner rebates toward the purchase of qualifying high-efficiency natural  gas equipment.

Loans range from $2,000 to $5,000 and have a term of three years. Customers will also be eligible for a $300 WARMAdvantage rebate when they choose this equipment.

For more information, customers should contact an NJNG conservation representative at 1-800-221-0051 (press 3, 4, 2) for program guidelines and an equipment prequalification form. To qualify, customers must submit their application to Commerce Bank between now and June 30, 2007    and purchase and install a qualified WARMAdvantage Program furnace or boiler prior to August 30, 2007.

New Jersey Natural Gas (NJNG) is the principal subsidiary of New Jersey Resources (NYSE: NJR), a Fortune 1000 company and a member of the Forbes Platinum 400. NJNG is one of the fastest-growing local distribution companies in the United States, serving more than 474,000 customers in New Jersey’s Monmouth, Ocean, Middlesex and Morris counties. This service area’s demographics and quality of life contribute greatly to NJNG’s growth. NJNG’s progress is a tribute to the dedicated employees who have shared their expertise and focus on quality through more than 50 years of serving customers and the community to make the company a leader in the competitive energy marketplace. For more information, visit NJNG’s Web site at njliving.com

Contact:

Michael Kinney, Media
732-938-1031

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