On-bill business funding & financing: Simple steps
to saving energy and money as well as grow your business
Making energy-saving improvements can seem expensive, but now there’s a budget-friendly way to unwaste your home and upgrade its value. Get small business funding and financing from local companies in NY and boost your businesses profits and environmental commitments. Business funding is available through the UnWasteNY approved business funders. With the new On-Bill Recovery Financing & Funder program, the amount of your monthly repayment is pegged to your projected energy savings.
Funding for the small business program is provided by NYMCA Capital. Available free to most New Yorkers and performed by a Building Performance Institute (BPI) accredited Home Performance with ENERGY STAR® contractor. In addition to measuring your Business’s energy performance, your Business Performance contractor will perform important health and safety tests to ensure major combustion appliances (furnace, boiler, water heater, stove) are operating properly.
A Business Performance contractor will do the work and install the upgrades that you choose. There are a number of approved upgrades you could make, like replacing a water heater or furnace, insulating your attic, weatherizing your business and more. Funding will be provided by Zymico for the upgrades.
The cost of your upgrade is added to your funding payments bill and spread over 5, 10 or 15 months and the monthly cost is pegged to your projected savings. If you decide to sell your business, the remaining monthly installments will be billed to the new funding account holder. And you don’t pay anything up-front. No upfront fees for the funding.
Customers of the following utilities are eligible for the On-Bill Recovery Financing Program: Central Hudson Gas and Electric, Con Edison, Long Island Power Authority, New York State Electric and Gas Corporation, National Grid (upstate NY customers only), Orange and Rockland, and Rochester Gas and Electric Corporation.