Energy Rebates and Financing

ENERGY STAR Rebates – PSEG customers are eligible for immediate or online rebates after purchase on a variety home energy appliances.

ENERGY STAR Tax Credits - Under the Inflation Reduction Act of 2022, federal income tax credits for energy efficiency home improvements will be available through 2032. A broad selection of ENERGY STAR certified equipment is eligible for the tax credits. Taking advantage of tax credits, along with any available rebates, is a good way to help make the transition to a clean energy future more affordable.

Fannie Mae HomeStyle Energy Mortgage - Homeowners can now make upgrades to reduce utility costs and improve the comfort and safety of their homes with Fannie Mae’s HomeStyle® Energy mortgage. Contact your local bank to determine if these financial services are appropriate for you.

Freddie Mac GreenCHOICE Mortgage – Homeowners can finance energy efficient improvements with any mortgage product, property type and financing terms up to 30 years to provide greater affordability for borrowers, offer more flexibility and combine the flexibilities of Home Possible Mortgages to offer borrowers additional affordable financing opportunities. Contact your local bank to determine if these financial services are appropriate for you.

NYSERDA Residential Financing Programs - NYSERDA offers a suite of loans under the Green Jobs-Green New York (GJGNY) Program to help New York State residents finance energy efficiency improvements, and renewable energy systems.

Slipstream Energy Finance Solutions - Energy Finance Solutions is proud to originate loans on behalf of the New York State Energy Research and Development Authority. NYSERDA offers New York State residents reduced-interest rate loans to finance qualified residential energy efficiency improvements.

Contact

August Ruckdeschel
Clean Energy Coordinator
ar2464@cornell.edu
631-727-7850 x350

Last updated February 20, 2024