Cost Saving Financial Options




Home Performance with
ENERGY STAR® PrograM

The New York Home Performance with ENERGY STAR® programs are designed to lower energy usage by encouraging energy efficiency improvements.  In order to qualify for the programs customers must purchase electric from a participating utility company.  The programs are available to electric distribution customers (residential, commercial, institutional, and industrial) who pay into the System Benefits Charge (SBC).

Home Performance with
ENERGY STAR® Free or reduced cost Comprehensive home assessment

The Home Performance with ENERGY STAR® program offers free or reduced-cost comprehensive home energy assessments, also referred to as an energy audit, to income-eligible owners of 1- to 4-unit residential buildings

Link to GJGNY energy audit application

Participating Energy Companies in Western New York

·         New York State Electric and Gas Corporation (NYSEG)

·         Rochester Gas and Electric Corporation (RG&E)

·         National Grid

 

Projects using the ENERGY STAR® PROGAMS Must be completed by a
BPI Accredited Contractor

Look For This Sign!

       

Home Performance with
ENERGY STAR® Program

Only Valid for Customers of Participating Electric Companies
(No Income Restrictions)

Average Project Cost                                               $4,500.00
10% High Efficiency Measure Incentive                    -$   450.00     
Your out of Pocket                                                     $4,050.00
                                 


Your Final Cost

 $4,050

Assisted Home Performance with
 ENERGY STAR® Program

Only Valid For Customers of Participating Electric Companies
(Income Qualifications Required)

Available through the Assisted Home Performance with ENERGY STARÒ program for income qualified homeowners.  50% of the work scope up to $5,000 is available for single family homes and up to $10,000 for 2 to 4 family homes on all energy saving work performed by a BPI certified contractor.

Average Project Cost                                               $4,500.00
      50% ENERGY STAR Subsidy                          -$2,250.00
Your out of Pocket                                                     $2,250.00

                           

                            
Your Final Cost

 $2,225

 Income Qualifications Guidelines
For more information about the Assisted Home Performance with
ENERGY STARÒProgram go to

www.getenergysmart.org

Home Performance with ENERGY STARÒ

Financing Options

 

Home Performance with ENERGY STARÒ Financing

Available through the Home Performance with

ENERGY STARÒ Program, on all energy saving

work performed by a BPI certified contractor.

  •  Up to $25,000 loan limit

  • Interest rates of 3.49% to 3.99%

  • 5, 10 or 15-year term

  •  May also qualify for the 10% High Efficiency Measure Incentive, which can go directly to the   contractor, homeowner borrows 90% of project cost.

 
 

 

        On-Bill Recovery Loan Program  - Coming January 30, 2012

A new option for financing the improvements that make

your home more energy efficient and comfortable.

 

The On-Bill Recovery Loan Program allows you to finance energy efficiency

 improvements to your home through a charge on your utility bill. Your

repayment amount will be based on projected savings on your energy bills.

 

ü  Convenient – no separate bill to pay

ü  Repay from the money you save on energy

ü  Low 2.99% interest rate

ü  Interest may be tax deductible

ü  Transferrable if you sell your property

ü  No payments until June 2012