Curren Environmental Service -NJDP Grant Programs

Have had ownership of oil tank at time of removal
Work must be performed by an NJDEP certified contractor.
Work must have been completed on or after August 2, 2006.

Annual taxable income of LESS than $250,000;
Net worth, exclusive of primary residence and pensions, of LESS than $500,000
Financial need of grant monies, the NJEDA will determine financial hardship on whether or not money can be repaid without posing a financial burden on the applicant. (51% or more of your annual income goes towards annual living expenses such as mortgage, insurance, loan payments, etc.

Complete copies of the last three years of income tax returns;
font Contractor Certification Form;
Cancelled checks and paid invoices of work performed;
A $250.00, non-refundable, application fee made out to NJEDA


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NJ Oil Tank Removal Grant Since August 2, 2006, grant monies have been available to NJ oil tank removal applications. The New Jersey Economic Development Authority (NJEDA) and the New Jersey Department of Environmental Protection (NJDEP) grants funds to eligible homeowners that proactively upgrade and remove their oil tanks in New Jersey. The Petroleum Underground Storage Tank Fund (PUST) Program for Non-Leaking Residential tanks awards eligible applicants; full or partial reimbursement of the costs of upgrading oil heating systems. Eligible applicants may be awarded full or partial reimbursement of the cost incurred from UST removal and AST installations. Eligible applicants may be reimbursed up to $1,500.00 to remove a UST and up to $4,200.00 when the removed UST is replaced with an AST.In the event that a grant is not awarded, many applicant may still qualify for a loan, which may be repaid over the course of up to ten years. For New Jersey (NJ) heating oil tank grants, the following funding amounts are available. Oil Tank Removal in New Jersey 290-550 Gallon Oil Tank $1,500.00 1,000 Gallon Oil Tank $2,100.00 1,500 Gallon Oil Tank $2,500.00 2,000 Gallon Oil Tank $2,600.00 AST Installtion Oil Tank Installtion in New Jersey 120 Gallon AST $1,700.00 165 Gallon AST $1,800.00 240 Gallon AST $1,950.00 275 Gallon AST $2,200.00 330 Gallon AST $2,400.00 400 Gallon AST $2,600.00 The most popular question people ask is "Am I elegible for the grant"? Our most common answer is in our four years of dealing with the oil tank grant program, 90% of the people are eligible. Our next most popular question is why is money available to remove an oil tank? The answer is that tanks are a replceable item that often gets over looked and when a tank leaks, it is expensive to repair. So New Jersey offers grants to encourage people to remove and if desired to replace their oil tanks. The oil tank grant program is meant to encourage homeowners to remove their oil tank before it is a problem. Our third most popular question is what if the tank leaks? Our answer is, first you may have insurance coverage from your homeowner's policy for the tank leak. If you do not and you qualify for the oil tank removal grant, then you would be eligible for the Leaking Oil Tank Grant, which provides money to cleanup or as we say in the industry remediate the tank leak. Curren has 18 years experience in the environmental field and we have been involved with the oil tank grant program since inception. We have included answers to common questions, but more often than not we find people like to talk one on one with us, as the program is a government program and it is not as easy for a first time user. We compare it to preparing a tax return, it can be done but professional help is always a safe bet. We offer a free consultation regarding the oil tank grant program and oil tanks in general. If your question is "why do we do this", because we are experts in this field with 18 years experience and out motto is "Experience You Can Trust". Try us out Toll Free 888-301-1050. Frequently Asked Questions Q1: Who is an eligible applicant? Q2: Who qualifies for an oil tank grant? Q3: What is involved in applying for a grant? Q4: What is a partially completed application? Q5: What will the NJEDA require to determine funding awarded? Q6: What is the turn around time for reimbursement? Q7: What if the property is not the applicant’s primary residence? Q8: If it is determined that the tank is leaking, is funding still available? Who is an eligable applicant? A1: Applicants with a non-leaking oil tank in NJ are eligible based on the following criteria: Have had ownership of oil tank at time of removal Work must be performed by an NJDEP certified contractor. Work must have been completed on or after August 2, 2006. Who qualifies for an oil tank grant? A2: In order to be considered for an oil tank grant applicants must meet the following criteria Annual taxable income of LESS than $250,000; Net worth, exclusive of primary residence and pensions, of LESS than $500,000 Financial need of grant monies, the NJEDA will determine financial hardship on whether or not money can be repaid without posing a financial burden on the applicant. (51% or more of your annual income goes towards annual living expenses such as mortgage, insurance, loan payments, etc. Who is involved in applying for a grant? A3: First the work needs to be completed, part of the application requires certification form NJDEP certified contractor that work has been completed according to code and that the tank has not leaked. Once the work has been completed your contractor should send you a reporting of the work done for your records, along with a partially completed application. What is a partially completed application? A4: Some contractors want to assist their clients as much as possible in the application process; however, some of the information required is confidential and needs to be completed by the applicant and/or an accountant. A partially completed application will have all other information filled out, highlighted for easy review and ready for signatures. BACK TO TOP What will the NJEDA require to determine funding awarded? A5: A complete application includes: Complete copies of the last three years of income tax returns; font Contractor Certification Form; Cancelled checks and paid invoices of work performed; A $250.00, non-refundable, application fee made out to NJEDA What is the turn around time for reimbursement? A6: It may take 6-8 weeks for the NJEDA to review an application, once the type of funding to be awarded is determined, the approved applicant will receive notification of the awarded amount. It may take 4-6 weeks for the NJEDA to disburse the awarded funding. What if the property is not the applicant's primary residence? A7: Funding may still be awarded in this circumstance, however, a lien will be placed on the subject property in the amount of the entire grant for 5 years and must be repaid when the property is sold. If it is determined that the tank is leaking, is funding still available? A8: Yes, eligibility requirements are the same as non-leaking tank applicants, however the application process is more detailed. BACK TO TOP If you still have questions, please feel free to contact our office at 888-301-1050. We maintain an administrative support staff that is well versed in the NJ oil tank grant process. We offer a free consultation to discuss your questions, either by phone or in person, free of charge.
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