One of the most common hurdles in taking the Whole House Approach to Energy Savings is that the customer just doesn't have the cash on hand to implement a whole house scope of work. That's why an innovative approach to financing this work is so important. New Buffalo Impact has years of experience in putting together financing from various sources to get the job done - a job that in other hands might never get done.
We have financial packaging options available for homeowners of every income level, even including those who fall below the federal poverty lines.
Most New Yorkers qualify for a FREE or reduced cost comprehensive home assessment, also referred to as an energy audit, and low-cost financing through Home Performance with ENERGY STAR**. Find out how to participate.
Join the thousands of New York homeowners who have made energy efficiency improvements to their homes following home assessment and significantly reduced their home energy bills. These homeowners enjoy benefits such as increased energy efficiency, fewer drafts, consistent temperatures throughout rooms, increased ventilation and humidity control and lower utility bills.
Take advantage of low-interest loans and cash-back incentives for the energy efficiency improvements.
Participants may finance energy efficiency improvements through Green Jobs - Green New York Financing* or Energy $mart Loans. Only work performed by a participating Building Performance Institute Accredited Home Performance Contractor through the Home Performance with ENERGY STAR® Program qualifies for financing. Participants can choose from the following options to pay for the cost of work. Additionally participants may be eligible for high efficiency measure cash-back incentives.
Take advantage now of low interest loans through Green Jobs - Green New York*. Apply now through Energy Finance Solutions. Financing is available to participants in the Home Performance with ENERGY STAR® Program to finance the installation of recommended energy efficiency improvements that may be repaid through energy savings. Interest rates are subject to change without notice.
Low interest rates available through Green Jobs - Green New York*
Loans of up to $13,000 per homeowner
Select a loan repayment period of 5, 10, or 15 years
Projects using Green Jobs – Green New York financing* must be cost-effective
Can combine with high efficiency measure cash-back incentives
Energy $mart Loans are offered through a network of Participating Residential Loan Fund Lenders servicing New York State.
The following conditions apply:
Loans up to $20,000 ($30,000 in the Consolidated Edison service territory) may be obtained on a secured or unsecured basis, at the option of the Lender and the Borrower
Your interest rate is bought down by up to 4.0% or 400 basis points, reduced as low as 3.0%, for a term up to ten (10) years
Procedures and conditions may vary by Participating Lender, and by loan
Cannot combine with high efficiency measure cash-back incentives
Federal Tax Credits Currently Not Renewed for 2012
Federal tax credits on qualifying, high-efficiency HVAC & Water Heating equipment by the Tax Relief, Unemployment Insurance Re-authorization, and Job Creation Act of 2010 expired on December 31, 2011, and have not been renewed for 2012.
Although a renewal of this program remains possible, the legislation has not been passed and therefore, credits are not eligible for any residential energy products sold in 2012. The only exception is that:
Geothermal system tax credits and solar water heaters are unaffected by these changes and remain in place through 12/31/2016.
For answers to specific questions call NBI at 716 881-1477.
Let the financial assistance experts at New Buffalo Impact guide you through all the available programs that could save you thousands of dollars and help you make sure your home is energy efficient, effective, safe and comfortable. Call for your Free Home Energy Needs Consultation and get started today. Call (716) 881-1477 or email: firstname.lastname@example.org.
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