GJGNY Residential Financing

Become a Loan-offering Contractor

NYSERDA administers the Green Jobs - Green New York (GJGNY) Loan Fund for Residential Financing (GJGNY Loan Fund) to finance energy audits and energy efficiency retrofits or improvements, including solar energy and other renewable installations, for the owners of residential 1-4 family buildings.

To offer a GJGNY Loan to customers, follow the process below based on the program you work with to become a participating contractor.

Step 1: Become a Participating Contractor

Energy Efficiency and Comfort Home Contractors
Your business must become a BPI GoldStar Contractor and your employees will need to pass BPI certification tests before you can become a participating contractor. To get started, learn more about BPI Link opens in new window - close new window to return to this page.. Next, complete Step 2: Submit GJGNY Loan Fund Residential Financing Contractor Application and Step 3: Sign Up with Energy Finance Solutions- NYSERDA’s Loan Provider.

Solar (PV) Installer
To qualify as a participating contractor, an individual must have fulfilled one of the three credentialing paths and all other PV Program participation requirements. To learn more visit NYSERDA’s Solar Electric (PV) Installer webpage. Next, complete Step 3: Sign Up with Energy Finance Solutions – NYSERDA’s Loan Provider.

Renewable Heat NY

Small Biomass Boiler Program
To become a participating contractor in the RHNY Small Biomass Boiler Program, follow the steps in Section 1.2 of the Small Biomass Boiler program manualLink opens in new window - close new window to return to this page.. Next, complete Step 3: Sign Up with Energy Finance Solutions – NYSERDA’s Loan Provider (see below).

Residential Pellet Stove Program
To become a participating contractor in the RHNY Residential Pellet Stove Program, follow the steps in Section 1.2 of the Residential Pellet Stove program manualLink opens in new window - close new window to return to this page.. Next, complete Step 3: Sign Up with Energy Finance Solutions – NYSERDA’s Loan Provider (see below).

NYS Clean Heat Contractors
If you are already a NYS Clean Heat participating contractor you can move to Step 4 in this process and offer the GJGNY loan to customers. If you haven’t signed up with Energy Finance Solutions move to Step 3: Sign Up with Energy Finance Solutions – NYSERDA’s Loan Provider.

If you are not a NYS Clean Heat participating contractor, refer to the NYS Clean Heat Contractor Resources for the steps to become a NYS Clean Heat Participating ContractorLink opens in new window - close new window to return to this page.. Next, complete Step 3: Sign Up with Energy Finance Solutions – NYSERDA’s Loan Provider.

Step 2: Submit GJGNY Loan Fund Residential Financing Contractor Application

For approved participating contractors in Assisted Home Performance with ENERGY STAR® (AHPwES), EmPower New York, or with PSEG Long Island, you aren’t required to submit an online GJGNY Loan Fund Residential Financing Contractor Application. Please proceed to Step 3 below to sign up with Energy Finance Solutions.

For Comfort Home and energy efficiency contractors not participating in AHPwES, EmPower New York, or with PSEG Long Island read the GJGNY Loan Fund Residential Financing Contractor Participation Agreement and the GJGNY Financing Implementation Manual before submitting an online application.

NYSERDA will provide application status to you within 2 weeks of your application submission.

Step 3: Sign Up with Energy Finance Solutions- NYSERDA’s Loan Provider

On behalf of NYSERDA, EFS a not-for-profit energy efficiency lending organization administers the GJGNY loan transactions to include loan application reviews, loan originations, loan closures, proceed distributions to GJGNY Loan Fund Residential Financing Contractor and submits loans to loan servicer. To participate, contractors must complete a participation agreementLink opens in new window - close new window to return to this page. and other requested information with EFS.

If you have questions about GJGNY Loans or becoming a participating contractor, you can contact residential.financing@nyserda.ny.gov.

Step 4: Offer Loan to Customers

Upon approval, you may begin offering your customers the GJGNY Loan to help pay for the energy efficiency measures you install.

Participating Contractor Resources

Participating contractors can access program information and resource materials for the Residential Financing program.