Financing Program
Program Overview
NYSERDA's Green Jobs-Green NY Small Business/Not-for-Profit Energy Efficiency Financing Program partners with lenders statewide to help small businesses and not-for-profits access low-interest financing for energy efficiency improvements.
How does the financing program work?
NYSERDA provides 50% of a loan, up to $50,000, at 0% interest, and the lender provides the rest of the loan at market rate. By partnering with NYSERDA, lenders can offer small businesses and not-for-profits energy efficiency financing at about half the market rate.
What organizations are eligible for the financing program?
| Sector |
Applicant Status |
# of Employees |
Location |
Audit Required |
| Small Business |
Must either
1. Own, lease or manage the building and have the authority to make improvements OR
2. Lease building space and have a release from the building owner to seek financing through the program. |
100 or less |
Statewide |
Yes |
| Not-for-Profit |
Must either
1. Own, lease or manage the building and have the authority to make improvements OR
2. Lease building space and have a release from the building owner to seek financing through the program. |
Any number |
Statewide |
Yes |
How do organizations apply for the financing program?
Applicants should visit our Applications and Forms page to access application forms and instructions.
Applicants can also request application forms by email at gjgnysbnfp@nyserda.org; by fax at 518-862-1091; or by mail at GJGNY SB/NFP PON 2293 NYSERDA, 17 Columbia Circle, Albany, NY 12203-6399.
On Bill Recovery Loan Program - Coming Soon
Small businesses, not-for-profits, and multifamily 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 Loan Program: Central Hudson Gas and Electric, Con Edison, Long Island Power Authority, New York State Electric and Gas Corporation, National Grid (upstate NY customers only), Orange and Rockland, and Rochester Gas and Electric Corporation
Last Updated: 01/26/2012