Savings with low landlord cost!
(Example) Cost of Energy Improvements |
$10,000 |
50% NYSERDA AHP Subsidy |
-$5,000 |
Total cost to you |
$5,000 |
Energy $mart Loan: $5,000 at 3% |
$48.28 |
(Example) Monthly Energy Savings |
$50 per month |
Net Monthly Savings |
$1.62 |
Your
landlord could get $10,000 in rental unit improvements for a low
monthly charge-while you could save $50 per month on energy and enjoy
improved comfort!
Programs You May Qualify For:
NYSERDA Assisted Home Performance (AHP)
Ithaca Neighborhood Housing Services (607-227-4500)
New York State Energy Research and Development (1-877-NY-SMART)
Available Incentive: up to $5,000
If you qualify, the 50% grant program may match your cost of improvements dollar-for-dollar for up to $5,000
Choose how to finance your 50% portion:
Option A: New York Energy $mart LoanSM
Ithaca Neighborhood Housing Services (607-227-4500)
GetEnergySmart.org (1-877-NY-SMART)
Your landlord may qualify for a loan as low as 3% (with closing costs and requirements, unsecured up to $20,000). You can combine this loan with non-energy home improvments.
Option B: ENERGY STARĀ® Loan
GetEnergySmart.org (1-877-NY-SMART)
Your landlord may qualify for a loan as low as 6% (unsecured with no closing costs, you can select a term of 3, 5, 7 or 10 years).
*Remember, everyone's situation is unique and programs change. Contact the listed agencies for more information.
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