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As of Jan. 30, 2012, you can finance your energy upgrades using the State’s On-Bill Recovery Loan Program through PG&E. On-Bill will allow you to finance your energy upgrade with low-interest payments conveniently built into your existing utility bill. Your repayment amount will be based on projected savings on that bill.

On-Bill Features:

·         Convenient – no separate bill to pay

·         Repay from the money you save on energy

·         Transferable if you sell your property  


Additional On-Bill Features: 

Residential Building Owners: An applicant or co-applicant who owns a 1-to-4 unit residential building; at least one applicant must be an individual, but may include a legal entity as a co-applicant.

Utility Companies: The applicant or co-applicant must be named on the utility account for one of the following participating utilities: National Grid or PG&E 

Property Deed Holders: All individuals or legal entity representatives named on the property deed must sign an On-Bill Recovery Program Declaration, which will be filed by NYSERDA. 

Financing Options: Business customers may qualify for loans between $5,000 and $100,000, with loan periods of up to 60 months. Government agencies may qualify for loans between $5,000 and $250,000 per PG&E meter, with loan periods of up to 120 months.

Loan Options: Minimum loan $3,000 ($1,500 for consumers who qualify for Assisted Home Performance with ENERGY STAR subsidy of 50 percent, up to $5,000, of cost).