Low-interest ENERGY STAR Financing is offered through the Home Performance with ENERGY STAR program. Your contractor can supply you with the current interest rate.

The following conditions apply:

• This is an unsecured loan, not a second mortgage or equity loan.
• The limit on the loan is $15,000 or $20,000, depending on your credit score.
• You can select a term of 3, 5, 7 or 10 years.
• Financing is available to owner-occupied 1- or 2-family homes.

Payment is made directly to the contractor after a signed Certificate of Completion is received by the program on a work scope. The work scope must also have been reviewed and approved by the program implementer.

Energy $mart Loans are offered through a number of participating New York State Financial Institutions. Locate a participating lender in your area using our locator map.

The following conditions apply:

• Loans may be unsecured for up to $20,000 ($30,000 for Con Edison service customers).
• Your interest rate is bought down by up to 4% (up to 6.5% for Con Edison service customers) for up to 10 years.
• Procedures and conditions may vary by participating lender, and by loan.

Eligible Improvements for 1-4 Family Homes are:

1. Eligible Measures and Accessories that have been determined by NYSERDA to meet the Home Performance with ENERGY STAR Program guidelines. For more information, please contact a Home Performance Contractor in your area listed here.
2. The purchase of ENERGY STAR Appliances.
3. The purchase and installation of grid-connected wind turbine systems by a NYSERDA- eligible installer.

For more information, please contact NYSERDA’s toll free hotline: 1 (877) NY SMART or 1 (877) 697-6278

If you choose not to use either ENERGY STAR Financing or the New York Energy $mart^SM Loan Fund, you may be eligible to receive 10% of the cost of eligible energy efficiency improvements, up to a maximum incentive of $3,000, directly from the program. Payment is authorized after you sign the Certificate of Completion and the program implementer reviews the project.

Assisted Home Performance with ENERGY STAR provides an additional subsidy to assist income-qualified customers to pay for cost-effective energy efficiency improvements. The subsidy may be combined with other financing options offered on this page or other low-income programs with the written approval of the program implementer. However, customers that receive a subsidy are not eligible to receive the 10% Homeowner Financing Incentive. The customer must reveal other sources for payment, and must provide 10% of the cost of eligible work or $500, whichever is less. The subsidy payment is made directly to the contractor after you sign the Certificate of Completion.