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The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are!

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New York

New York

Incentives/Policies for Renewables & Efficiency

Printable Version
Home Performance with ENERGY STAR   

Last DSIRE Review: 09/09/2014
Program Overview:
State: New York
Incentive Type: State Loan Program
Eligible Efficiency Technologies: Refrigerators, Dehumidifiers, Equipment Insulation, Water Heaters, Lighting, Furnaces , Boilers, Heat pumps, Central Air conditioners, Programmable Thermostats, Duct/Air sealing, Building Insulation, Custom/Others pending approval, Room Air Conditioners, Health and Safety Measures, Low Flow Showerheads
Eligible Renewable/Other Technologies: Solar Water Heat, Photovoltaics
Applicable Sectors: Residential
Amount:10% discount (maximum of $3,000); Small loans from $1,500 up to $25,000 (with term length of 5,10 or 15 years)
Terms:On-bill Financing: 3.49% APR; fixed loan terms of 5, 10, or 15 years (may be limited by useful life of measure)
Smart Energy Loan: 3.49% or 3.99% APR (based on repayment method); fixed loan terms of 5, 10, or 15 years (may be limited by useful life of measure)
Funding Source:Energy Efficiency Portfolio Standard (EEPS)/Regional Greenhouse Gas Initiative (RGGI)
Web Site:

NYSERDA offers 10% discount and additional low-interest financing options to NY State homeowners to improve the energy efficiency of their homes.


NY State residents who own single-family or multifamily homes with up to 4 units are eligible for the program. To participate on the On-Bill financing program, the homeowner must be customer of the following participating utilities: Central Hudson, Con Edison, PSEG-Long Island, National Grid (upstate customers only, New York State Electric and Gas, Orange and Rockland, or Rochester Gas and Electric.

Program Description:

To participate in the program, the homeowner must schedule a home energy assessment with the participating Home Performance contractor who has been certified as a BPI GoldStar Contractor. In most cases the customer will be eligible for a reduced or no-cost energy home assessment depending on their income level. The energy assessment takes a comprehensive approach to identifying maximum energy efficiency that can be achieved in the home. After the assessment, the contractor will work with the home-owner to decide what improvements should be made. After signing the contract with the contractor, the borrower will receive 10% of the discount on eligible energy improvements; the incentive is capped at $3,000.

Home-owner can also choose to finance the project through subsidized loan provided through NYSERDA. The financing options include: On-Bill Recovery Loan and Smart Energy Loan. The On-Bill recovery loan is provided at 3.49% interest rate, where the repayments can be paid through the utility bill. The Smart Energy loan is provided at 3.49% or 3.99% depending on the method of repayment. Loans amounts from $1,500 up to $25,000 with a term of 5, 10, or 15 years.

Participants in the financing programs remain eligible for other incentives offered by utilities or by NYSERDA, including  and the NYSERDA Assisted Home Performance with ENERGY STAR. For further information on this program, please consult the program website(s) or use the contact information provided below.

  Public Information - Residential Programs
New York State Energy Research and Development Authority
17 Columbia Circle
Albany, NY 12203-6399
Phone: (877) 697-6278
Web Site:
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 2014 - 2015 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.