Green Innovations

Developing renewable and clean technology companies in New York

Tuesday, January 22, 2013

Switch to Clean Technologies, Reduce Energy Costs.

Green Jobs - Green New York

A statewide program to promote energy efficiency and the installation of clean technologies to reduce energy costs and reduce greenhouse gas emissions. The program will support sustainable community development and create opportunities for green jobs. This program will be administered by NYSERDA.
The Green Jobs - Green New York (GJGNY) Program provides New Yorkers with access to energy assessments, installation services, low-cost financing (currently for residential customers only), and pathways to training for various green-collar careers.
The GJGNY Program delivers services in targeted communities with the support of Constituency Based Organizations (CBOs). CBOs recruit residential, small businesses, Not-for-Profits (NFP), and multi-family building owners into the energy assessment and financing programs; and encourage individuals to take advantage of clean energy training opportunities.


Free or low-cost energy assessments through NYSERDA's Home Performance with ENERGY STAR Program are available to residential customers.
For those that want to take advantage of low interest financing, HPwES offers two options through Green Jobs – Green NY.*Both loan options offer up to $13,000 per household, up to $25,000 if the project meets higher cost-effectiveness standards, and repayment periods of 5, 10, or 15 years.
Option 1: On-bill recovery loans provide homeowners the convenience of paying for energy improvements on their utility bill.
  • The current interest rate* is 3.49%
  • Payments will be included in monthly charges from your utility
  • Your annual loan payment is calculated to not exceed the anticipated amount of money you save on energy costs
  • When you sell your home you will have the option to transfer the unpaid balance of loan to the new owners
  • Requires an On-Bill Recovery Program Declaration. The Declaration is not a lien on the property, but is recorded in a similar way as a Mortgage to provide notice to others of the obligations under the loan transaction.
  • Learn more about interest rates and how to apply at Energy Finance Solutions.Link opens in new window - close new window to return to this page.
  • Learn more about the On-Bill Recovery Loan Program.
Option 2: Unsecured loans offer affordable interest rates, flexible terms and simple repayment options.
  • The current interest rate* is 3.99% or 3.49% if you pay via automatic bank withdrawals
  • Repaid monthly directly to NYSERDA’s loan servicer
For full eligibility requirements and instructions on how to apply for either loan, visit our Residential Financing page or call 1-800-361-5663.

Small Business and Not-for-Profit

Programs for small businesses and not-for-profits offer access to walk-through energy assessments and low-interest energy efficiency project financingSmall businesses and not-for-profits can finance energy efficiency upgrades with low interest payments conveniently built into one energy bill. Offset the payment with the savings you earn over the year. Learn more about the On-Bill Recovery Loan Program.


The Multifamily Performance Program (MPP) provides a comprehensive building assessment to identify energy savings opportunities in the buildings. The program identifies available incentives and financing opportunitiesComing soon, multifamily building owners can finance energy efficiency upgrades through low interest payments conveniently built into one energy bill. Offset the payment with the savings you earn. Learn more about the On-Bill Recovery Loan Program.

Workforce Development

A lot of interest and enthusiasm surrounds the topic of "green jobs" and training for clean energy careers. Workforce training programs and other training partnerships are available across the State to encourage the development of a skilled clean-energy workforce that supports energy efficiency and the installation of clean technologies.