NYS: 0% GJGNY Program Financing Available April 27 2020, 0 Comments

Leaders John Rhodes, of the Public Service Commission (PSC), and Alicia Barton, of NYSERDA, released a joint COVID-19 Response Letter in support of the clean energy industry during the coronavirus pandemic. It included the following good news:

We heard from participants a strong interest in providing reduced interest rate financing to help build back customer interest once on-premise work is allowed to resume.

To address this pressing need, NYSERDA will move forward with a temporary change to Green Jobs – Green New York (GJ-GNY) financing. Once contractors are able to resume on-premise work, NYSERDA will offer 0% Green Jobs – Green New York Program financing for 1-4 family residential, small commercial (100 employees or less) and not-for-profit applicants to finance eligible energy efficiency improvements and renewable energy systems...
See the full letter here.