Tax Credits, Rebates and Financing

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

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.

National Energy Improvement Fund (NEIF) – NEIF helps homeowners improve comfort, resilience, health and efficiency with simple, trusted and transparent financing. We focus on guaranteed fixed-rate monthly payment plans with no lien on your home, no closing fees and no cost to contractors. Learn how simple and affordable it is to upgrade your home’s heating, cooling, windows, roofing, insulation, air quality and more.

NYSERDA Residential Financing Programs - NYSERDA offers a suite of loans under the Green Jobs-Green New York (GJGNY) Program to help state residents finance energy efficiency improvements, and renewable energy systems. Qualifying borrowers may be eligible for interest rates between starting at 4.5% for customers within a Designated Area or with household income of less than or equal to 80% AMI with the option of a 0.5% discount for Smart Energy Loans (SEL) when using automatic payments (ACH). For customers outside of Designated Area or with household income greater than 80% AMI, interest rates will start at 8.00%, with the option of a 0.5% discount when using ACH.

Slipstream Energy Finance Solutions - Originates loans on behalf of NYSERDA and offers New York State residents reduced-interest rate loans to finance qualified residential energy efficiency improvements. Qualifying borrowers may be eligible for interest rates between 4.49%.

Last updated January 28, 2026