On-Bill Recovery Financing Program
A new option for financing the improvements that make your home more energy efficient and comfortable.
For Residents
The On-Bill Recovery Financing 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.
Participate in the Home Performance with ENERGY STAR® Program to have a BPI accredited contractor perform a comprehensive home energy assessment and recommend energy-efficiency improvements. Then, make your project even more affordable by paying for your energy-efficiency improvements through NYSERDA’s special low-rate On-Bill Recovery Financing Program.
It’s a convenient way to finance improvements that make your home more energy efficient and comfortable. The payments appear as a separate line item on your utility bill and are financed at a special low interest rate. Payments are transferable if you sell your property.
Customers of the following utilities are eligible for the On-Bill Recovery Financing Program: Central Hudson Gas and Electric, Con Edison, Long Island Power Authority, New York State Electric and Gas Corporation, National Grid (upstate NY customers only), Orange and Rockland, and Rochester Gas and Electric Corporation.
For Small Businesses, Not-for-Profits, Multifamily Buildings
Small businesses, not-for-profits, and multifamily building owners can use the savings on their energy bills to pay for their energy efficiency upgrades.
Customers of the following utilities are eligible for the On-Bill Recovery Financing Program: Central Hudson Gas and Electric, Con Edison, Long Island Power Authority, New York State Electric and Gas Corporation, National Grid (upstate NY customers only), Orange and Rockland, and Rochester Gas and Electric Corporation.
For more information on the On-Bill Recovery Financing Program, please click here to visit NYSERDA's webpage on this.
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