NYSERDA offers Long Island homeowners with the chance to take advantage of the Home Performance with ENERGY STAR program. This program makes it easy and cost-effective to invest in your home's energy efficiency. It has already helped thousands of homeowners live comfortably throughout the entire year while lowering their energy bills year-round.
How Home Performance with ENERGY STAR Works
Aimed towards homes that don't have a central air conditioner, the program begins with a free or reduced cost home energy assessment by a certified professional. Apply here for an assessment and be sure to specify Energy Haus as your home performance contractor of choice. When the audit is complete, you will receive a plan to lower your energy bills with recommended home performance improvements. Home Performance with ENERGY STAR then offers two loan options to help finance your project:
The first loan option is the On-Bill Recovery Loan, which builds in your payments into your utility bill from Central Hudson Gas & Electric, Con Edison, PSEG-Long Island, NYSEG, National Grid, Orange & Rockland or Rochester Gas & Electric. The balance can be transferred to a new owner if you decide to sell your home.
The second loan option is a Smart Energy Loan which is more traditional. You will make monthly payments to NYSERDA's loan servicer and if you sell your home, you will still be the one responsible for paying off the balance.
Both the On-Bill Recovery Loan and Smart Energy Loan, have loan amounts from $1,500 to $25,000 with flexible loan terms of 5, 10 or 15 years.