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New York

New York

Incentives/Policies for Renewables & Efficiency

Printable Version
Town of Babylon - Long Island Green Homes Program   

Last DSIRE Review: 09/06/2012
Program Overview:
State: New York
Incentive Type: PACE Financing
Eligible Efficiency Technologies: Lighting, Furnaces , Boilers, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Custom/Others pending approval
Applicable Sectors: Residential
Terms:Financing maximum of $12,000; requires a Home Performance Evaluation be conducted by a town-licensed, BPI accredited energy auditor; repayment takes place through a Benefit Assessment Payment that is generally less than the project energy-cost savings from the improvements; 3% administrative fee
Funding Source:Solid Waste Fund
Start Date:2008
Web Site: http://ligreenhomes.com/page.php?Page=home
Summary:

The Long Island Green Homes Program is a self-financing residential retrofit program designed to support a goal of upgrading the energy efficiency of existing homes in the Town of Babylon. The program is a "benefit assessment" program, which allows the town to make a specific improvement that serves a public purpose on a parcel of property, and assess the cost of the benefit against the property. The main benefit of the program is that it allows homeowners to avoid the potentially large up-front costs associated with making energy efficiency improvements, and instead allowing them to pay for their cost over time through the money they save from reduced energy bills. The payment obligation is attached to the property itself rather than to the owner, so it remains with the home upon any changes in ownership. It is important to note that while the cost of the improvements in considered to be assessed against the property, this does not mean that the assessed value of the property used to compute property taxes is increased.

In order to participate in the program, residents must first fill out a form (the Self-Check Home Inventory Form) providing certain information about their home and historic energy use. Program personnel will then schedule a Home Performance Evaluation to be conducted by a town-licensed, Building Performance Institute (BPI) accredited energy auditor.  Based upon the results of the Home Performance Evaluation, the contractor will enter into a contract directly with the Town and will make the recommended energy-efficiency improvements chosen by the homeowner.

Possible improvements include but are not limited to efficient lighting, weatherstripping, caulking, air and duct sealing, insulation, upgrading of heating units. The program pays the contractor for the cost of the improvements and arranges a monthly payment plan for the homeowners to repay these costs through a separate contract. The homeowner's payment schedule is generally intended to result in annual payments that are less than the homeowner's annual energy cost savings.

This program is funded by the town's Solid Waste Fund. In order to accommodate the program, the town has expanded its definition of solid waste to include energy waste based on its carbon content.


 
Contact:
  Program Information - Long Island Green Homes Program
Town of Bablyon
Town Hall Annex
281 Phelps Lane, Rm 26
Babylon, NY 11703
Phone: (631) 422-4411
Fax: (631) 893-1008
E-Mail: ligreenhomes@townofbabylon.com
Web Site: http://ligreenhomes.com/
NCSU - home
Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.