Starting February 1, New York's On-Bill-Recovery loans will be transitioning from a subsidized rate of
3.49% up to a market rate of
9.9% for most* of our customers. If you are considering going solar, you have just a few more weeks to take advantage of these fantastic rates before they are gone forever. You do not need to sign a contract or begin construction, you merely have to have a completed loan application submitted by the last day in January. There is no cost and no obligation - if you decide not to go solar, simply cancel your application.
To take advantage of this opportunity, speak to one of our solar consultants or call and speak with Dana Lincoln, our loan specialist. They can provide you with a link to an online application or get you a paper application to get you pre-approved for this subsidized, low cost financing. And remember, get your application in by
January 31st to lock in this low-cost, long-term loan.
*If your income is below 80% of AMI (Area Median Income) then you will still be eligible for the 3.49% rate.