Financing Options
There are a number of financing options for commercial buildings, non-profits and multifamily buildings. See below for more info, or get in touch with one of our Community Energy Advisors to learn more.
NYSERDA Participation Loan, in which NYSERDA partners with a lender of the borrower's choice, and finances 50% of the loan up to $50,000 at 2%. Learn more here.
NYSERDA On-Bill Recovery Loan - The borrower works with a participating lender of their choice to secure a NYSERDA loan of up to $50,000. The borrower repays the NYSERDA loan through a charge on their monthly utility bill. Interest rate is currently 2.5%. Learn more here.
EIC (Energy Improvement Corporation) Open C-PACE (Property Assessed Clean Energy) Financing provides long-term alternative financing to fund clean energy projects in commercially owned buildings. Open C-PACE is not a bank loan and differs from traditional financing
You may also be interested in market-based financing through local banks in your area.