Financing

NYSERDA offers a suite of loans to help New York State residents finance energy efficiency improvements and clean energy equipment.

Prior to accessing a NYSERDA loan, homeowners must complete a no-cost energy assessment that provides an overview of a home’s energy use and identifies energy-saving opportunities and services for consideration. To find out what programs are available, click here.

EmPower+ helps low- and moderate-income households save energy and money toward energy improvements made to their primary residence.Through EmPower+, eligible New Yorkers can receive:

• No-cost comprehensive home energy assessments to pinpoint where energy and dollars are being wasted and receive a customized plan to lower energy usage.
• No-cost direct install improvements identified during the assessment can be installed by participating program contractors.
• Funding toward the cost of energy efficiency improvements, including air sealing, insulation, heat pumps, heat pump water heaters, and electrical service and wiring upgrades.

The program is open to income-eligible owners and renters of one- to four-family households. For assistance in applying and navigating home energy upgrades, connect with the Mid-Hudson Valley Clean Energy Hub. For more information on Empower+, click here.

Tax Credits

If you make qualified energy-efficient improvements to your home after Jan. 1, 2023, you may qualify for a tax credit up to $3,200. You can claim the credit for improvements made through December 31, 2025.

For more information, go to: Energy Efficient Home Improvement Credit.