
NYSERDA offers some incredible financing options.
Call us to learn how to take advantage!
518-874-1604
At Stonehenge Associates, we are qualified to carry out energy upgrade work with a range of programs that are eligible for NYSERDA financing.
Affordable energy upgrades under the Home Performance with ENERGY STAR program (and under the Assisted Home Performance with ENERGY STAR program) can be financed through one of NYSERDA’s two residential financing options:
1. On-Bill Recovery Loan
The payments for this loan are built into your utility bill. The balance of your loan may be transferred to the new owner when your home is sold. About one-quarter of our clients take advantage of this option.
2. Smart Energy Loan
This loan is a traditional monthly payment through NYSERDA’s loan servicer. If you sell or transfer the property, you remain responsible for the balance of the loan. Nearly 40 percent of our clients who finance their home performance improvements opt for this program.
For both options, the loan amounts are from $1500 to $25,000 with 5, 10 and 15 year terms.
For NYSERDA’s EmPower New York program, which offers no-cost energy efficiency solutions to income-eligible New Yorkers, we wear our BPI GoldStar contractor hat. We supply your assessment and carry out the upgrades under this program. Your free upgrades can include:
Air sealing
Insulation
Old fridge and freezer replacement
Energy-efficient lighting
Health and safety checks on smoke detectors and appliances
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