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On-Bill Recovery Financing Program

A new option for financing the improvements that make your home more energy efficient and comfortable.

For Residents

The On-Bill Recovery Financing Program allows you to finance energy improvements to your home through a charge on your utility bill. Your repayment amount will be based on projected savings on your energy bills. 

Participate in the Home Performance with ENERGY STAR® Program to have a BPI accredited contractor perform a comprehensive home energy assessment and recommend energy improvements. Then, make your project even more affordable by paying for your energy improvements on your utility bill through NYSERDA’s On-Bill Recovery Loan.

Residents installing photovoltaic technology in their home can enjoy the same low-interest rate and convenience of the On-Bill Recovery Loan when participating in the NY-Sun Solar PV Incentive Program.

It’s a convenient way to finance improvements that make your home more energy efficient and comfortable. The payments appear as a separate line item on your utility bill and are financed at a special low interest rate. Payments are transferable if you sell your property.

Customers of the following utilities are eligible for the On-Bill Recovery Financing Program: Central Hudson Gas and Electric, Con Edison, PSEG-Long Island, New York State Electric and Gas Corporation, National Grid (upstate NY customers only), Orange and Rockland, and Rochester Gas and Electric Corporation.

For Small Business and Not-for-Profit Buildings

Small business and not-for-profit building owners can use the savings on their energy bills to pay for their energy efficiency upgrades.

Customers of the following utilities are eligible for the On-Bill Recovery Financing Program: Central Hudson Gas and Electric, Con Edison, PSEG-Long Island, New York State Electric and Gas Corporation, National Grid (upstate NY customers only), Orange and Rockland, and Rochester Gas and Electric Corporation.

Opportunity Knocking: Green Jobs - Green New York

Green Jobs - Green NY: logo Green Jobs – Green New York provides funding for energy assessments, low-cost financing for energy upgrades, and technical and financial support to develop a clean energy workforce. Green Jobs – Green NY is a statewide effort to strengthen our communities through energy efficiency. It enables New Yorkers to make a significant difference in our homes, businesses and neighborhoods—making them more comfortable, more sustainable, and more economically sound. Green Jobs –Green NY is administered by NYSERDA and made available by the Green Jobs – Green New York Act of 2009.

Contact Information

For more information, please contact NYSERDA at 1-866-NYSERDA (697-3732).

 

Last Updated: 08/13/2014