New program could help New Yorkers upgrade to energy-efficient appliances

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Updated: 1/31 6:57 pm
Syracuse (WSYR-TV) - New Yorkers looking to upgrade to energy efficient appliances can now get low-cost financing through the state.

Governor Andrew Cuomo announced the program, which is called On-Bill Recovery Financing. The program allows consumers to repay the loan on their monthly utility bill. The governor says the program creates a great way for people to make their homes energy efficient and more environmentally friendly.

The interest rate for the loan is 2.99 percent for five, 10, or 15-year loan terms.

Click here for a credit application for the program.

Click here to find a residential contractor.
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