Residential Interest Rate Estimator

Improving energy efficiency and adding renewable energy to your home are smart investments that make your home healthier and more comfortable.

NYSERDA offers two loan options to help New York State residents finance energy efficiency and renewable energy improvements made through NYSERDA’s programs. NYSERDA offers lower interest rates to lower income New Yorkers and those who cannot qualify for traditional financing.

Use the interest rate estimator below to determine which interest rate may be available to you. You must submit a credit application and meet all of NYSERDA’s qualifying criteria to determine your final interest rate which will be calculated by a loan professional.

Please note, the income range in the chart below is based upon the total household income of the occupants of the building where the clean energy project will be installed. To determine the interest rate for multi-unit buildings please contact NYSERDA’s loan provider, Energy Finance Solutions (EFS), toll-free at 1-800-361-5663.

Find your interest rate

Choose the program type that you are interested in using, the county in which you reside, and the number of people living in your house or apartment (household size), and click “Get Interest Rates.” Then find your income range on the chart that appears below. You will see three options based upon your loan type and how you will pay back the loan.