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Residential Financing
On-Bill program now available!

Can you say win - win? Can you sav 

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. This means that you can have energy savings improvements completed while spending no more money than you are currently spending on energy alone.

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 on your utility bill through NYSERDA’s On-Bill Recovery Loan.

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. Currently, homeowners can borrow up to $25,000 at a 3.49% fixed rate for up to 15 years.

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.

There is no down side to this program. Most homeowners can receive an energy audit for free. The amount of money you save will cover the cost of the loan repayment. If you move and sell the house, the loan stays with the house. If this program is not a "win - win", I can't imagine what that program would look like. So do yourself a favor and give me a call at 363-4043 or send me an email at thomasurtz@gmail.com and let me help you take advantage of this program. Don't delay, this program will not be around forever.


Home Performance with ENERGY STAR

Apply now through Energy Finance SolutionsLink opens in new window - close new window to return to this page. and take advantage of low-interest loans through the Homer Performance with ENERGY STAR Program. Loans are available to participants in Home Performance with ENERGY STAR for the purchase and installation of recommended energy efficiency improvements that may be repaid through energy savings. Interest rates are subject to change without notice.


  • Low-interest loans made available through the Green Jobs – Green New York* Act of 2009
  • Loans of up to $25,000 per homeowner
  • Select a loan repayment periods of 5, 10, or 15 years
  • Can combine with the High Efficiency Measure Incentives (HEMI) or Assisted Subsidy

Residential Loan Fund

Energy $mart Loans are offered through a network of Assited Home Performance Program Lenders. Contact information and the lending areas served by the Assisted Lenders may be found below:

Assisted Home Performance Program Lenders

Home HeadQuarters, Inc.

990 James Street, Suite 100 Syracuse, NY 13203
Contact: Kerry Quaglia
E-Mail: info@homehq.org
Phone: (315) 474-1939
Fax: (315) 474-0637
Lending Area includes: Broome, Cayuga, Cortland, Jefferson, Madison, Onondaga, Oswego, and St. Lawrence Counties

Utica Neighborhood Housing Services, Inc.

1611 Genesee Street Utica, NY 13501
Contact: Julie Jalowiec, Homeownership Coordinator
E-Mail: jjalowiec@unhs.org
Phone: (315) 724-4197
Fax: (315) 724-1415
Lending Area includes: Herkimer, Madison and Oneida Counties
Lending Restrictions: Up to 120% HUD Median Income

The following conditions apply:

  • Loans up to $20,000 may be obtained on a secured or unsecured basis, at the option of the Lender and the Borrower
  • Your interest rate is brought down by up to 4.0% or 400 basis points, reduced as low as 3.0%
  • Loan repayment period up to 10 years
  • Procedures and conditions may vary by Lender, and by loan
  • May be combined with Assisted Subsidy
  • Cannot be combined with the High Efficiency Measure Incentives (HEMI)

High Efficiency Measure Incentives

To make energy efficiency even more affordable, you may be eligible to receive 10% of the cost of eligible energy efficiency improvements, up to a maximum incentive of $3,000. This incentive is available in conjunction with the Home Performance ENERGY STAR Loan, but cannot be combined with the Energy $mart Loan. Payment is authorized after you sign the Certificate of Completion and the Program Implementer reviews the project.

Additional incentives are available to income-qualified homeowners

Assisted Home Performance with ENERGY STAR provides an additional subsidy (Assisted Subsidy) to assist income-qualified customers to pay for cost-effective energy efficiency improvements. However, customers that receive the Assisted Subsidy are not eligible to receive the 10% High Efficiency Measure Incentive. The Assisted Subsidy payment is made directly to the contractor after you sign the Certificate of Completion.

* Financing, energy audits, and workforce development opportunities made available through the Green Jobs - Green NY Act of 2009. 

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Tel: 315-363-4043  •  Email: thomasurtz@gmail.com