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Home Performance with ENERGY STAR
Financing Options |
Option 1
Home Performance with Energy Star Financing
Low-interest, unsecured loan, for 1-to-2 family, owner
occupied homes.
• $20,000 loan limit
• 3, 5, 7, or 10-year term
• Ask your contractor for current rate
• Work must be performed through the Home Performance with Energy Star
program |
Option 2
New York Energy $mart Loan Fund
Secured loans offered through local, participating
lenders.
• Type of loan (secured or unsecured) determined by lender
• Current interest rates are bought down by 4%
• $20,000 loan limit
• Maximum loan term of 10 years
• Any 1-4 family home is eligible
• Work must be performed through the Home Performance with Energy Star
program |
Option 3
Assisted Home
Performance with Energy Star Work Scope Incentive
Available to income-qualified homeowners, as part of
the Home Performance with Energy Star commitment to making
energy efficiency affordable to all New Yorkers.
• Can be combined with option 1 or 2
• $5,000 (maximum) available for single-family homes
• $10,000 (maximum) available to 2-4 family homes
• Work Scope Incentive is paid directly to the contractor
• Work must be performed through the Home Performance with Energy Star
program |
Option 4
10% Homeowner Financing Incentive
Available to homeowners who choose not to use program
financing options 1, 2 or 3.
• Homeowner receives a cash incentive equal to 10% of the workscope
(eligible measures only)
• $2,000 maximum
• Incentive paid directly to homeowner by the New York State Energy
Research and Development Authority (NYSERDA)
• Any 1-4 family home is eligible
• Work must be performed through the Home Performance with Energy Star
program |
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To begin the financing process
please click the links on the left yellow sidebar to download
applications. If you have any questions please call us
at 315-437-3008. |
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