1-800-455-9376

NY Smart Energy Loan

If you are planning to make energy efficient improvements to your home, consider the New York Energy Smart Loan Fund Program. This incentive is available to owners of existing residential homes with 1 to 4 dwelling units.

Our Zerodraft Home Energy Specialists will help you determine whether the NY Smart Energy Loan is right for you during our comprehensive home energy evaluation. 

The NY Smart Energy Loan includes:

  • Unsecured loan (homeowner provides no collateral)
  • Competitive, fixed interest rate loan with a discount for automated (ACH) monthly repayments
  • Borrowers can finance $3,000 - $25,000 (except a minimum loan amount of $1,500 for Borrowers approved for the Assisted Home Performance with ENERGY STAR subsidy)
    • Loans above $13,000 are required to achieve a payback of 15 years or less
  • Loan repayment periods of 5, 10, or 15 years
    • Loan repayment period may not exceed the weighted useful life of the financed measures
  • No prepayment penalties
  • Pre-approval process, usually 24-48 hours

For more information and to get started, download the NY Smart Energy Loan application.

If you’re interested in more information on services for your home, call us at 800-455-9376 to learn more and to schedule your free home energy evaluation.