Energy Star Programs

What is it?

Home Performance with ENERGY STAR® is a consumer-funded program to assist eligible homeowners with covering the cost of energy saving improvements in their homes. All improved measures must be submitted through a certified contractor, like ZERODRAFT, to verify their potential for energy savings and ensure they are safe in the home.

How do I know if I am eligible?

While the eligibility changes with the specific incentive, the primary need is for you to be an electrical customer of one of the following utility companies:

  • National Grid
  • NYSEG
  • Rochester G & E
  • Orange & Rockland
  • Central Hudson G & E
  • Consolidated Edison

What incentives are offered?

There are four major incentives offered to residential customers.

  1. The Homeowner Financing Incentive (HFI)

    This is a 10% cash back incentive on the total cost of qualified measures. Anyone that pays for a project by their own means, without lending from the program, is eligible to receive this incentive.  Payment is authorized after you sign the Certificate of Completion and the program implementer reviews the project.

  2. The ENERGY STAR® Loan

    This is an unsecured loan through Energy Finance Solutions at the current rate. The loan is for eligible customers with no bankruptcies over the past 7 years with satisfactory credit. The loan is customizable in 3,5,7,and 10 year notes and can be as large as $20,000. Also, there is no penalty for early repayment. However, the loan cannot be combined with the HFI. To see exactly what your payments could be, take advantage of the Energy Finance Solutions loan calculator.

  3. The Assisted Home Performance Subsidy

    This is a subsidy (that you do not need to repay) given to eligible homeowners that will pay for 50% of the proposed eligible measures up to a maximum award of $5,000. The customer is then responsible for paying whatever balance remains. This is a subsidy for income-eligible homeowners or renters. One great feature of this incentive is that The Assisted Home Performance Subsidy can be combined with the ENERGY STAR® Loan or the NY Energy $martSM Loan Fund. This loan cannot be combined with the Homeowner Financing Incentive (HFI).

    • The first requirement for receiving this award is dependent upon being at or below the income limits for the number of household members. The Grant award examines all forms of income from all household members. Then find out if your household income level qualifies here.

    • The second requirement is ensuring that the specified project will have a minimum standard of energy savings over the expected lifecycle of the improvements. A certified contractor who performs a FREE Home Evaluation can determine this.

  4. New York Energy $martSM Loan Fund

    5. The NY Energy $martSM Loan Fund is a simple, low-cost way to finance energy efficient and renewable technology projects for individual use. The program provides an interest rate reduction off of a participating lender/lessor’s normal interest rate for a term up to 10 years. The interest rate reduction for most of the state is up to 4% (400 basis points). These loans may be unsecured for up to $20,000. To locate a participating lender in your area, use the NYSERDA locator map. Procedures and conditions may vary by participating lender and by loan.

Eligible Improvements for 1-4 Family Homes are:

  1. Eligible Measures and Accessories that have been determined by NYSERDA to meet the Home Performance with ENERGY STAR® Program guidelines.

  2. The purchase of ENERGY STAR® Appliances.

  3. The purchase and installation of grid-connected wind turbine systems by a NYSERDA- eligible installer.

 

For more information, please visit www.NYSERDA.org or www.ENERGYSTAR.gov.

If you have interest in any of these incentives through Home Performance with ENERGY STAR® please download the respective applications below and contact our office about how we can help you improve your home comfort and durability with ENERGY STAR®.

Download the Customer Information Form (Required for all four incentives)
Download the Loan Application (Required for the ENERGY STAR® Loan)
Download the Subsidy Application (Required for the Subsidy/Grant Award)
Take a room by room tour of an ENERGY STAR® home.