Optimizing energy consumption for heating and cooling homes in the Southern Tier of New York and Northeastern Pennsylvania presents a win-win situation for homeowners, utility companies, and the environment. Because of this, a variety of financing options and incentives are at your disposal!
Sealed offers exclusive, specific rebates directly from NYSEG for residential insulation projects. This performance-based insulation and air sealing rebate up to $2000 is only accessible through them. Insulation Man is the only contractor in the entire Southern Tier of NY who can help you take advantage of this program. Insulation Man teamed up with Sealed in 2017 because we share the same goals, making all homes in NY more comfortable, healthier, and energy efficient.
NYSERDA’s Comfort Home Program
Improve Your Home’s Comfort With Seal and Insulate Packages
Do you want your family to be more comfortable in your home, lower your energy bills, and get on the path to a clean energy future? Save money and improve your home’s comfort year-round with “seal and insulate” packages. NYSERDA’s Comfort Home Program makes it easy to make smart investments for a more efficient home now and more affordable clean heating options in the future.
As part of the Comfort Home Program, seal and insulate packages are available. These packages are offered by trained and qualified Comfort Home contractors who can help you solve common problems like drafty areas in your home, rooms that are difficult to keep cool in summer, and roof ice damns in winter. Incentives from $2,000 to $3,000 may be available (more details below) for installation of seal and insulate packages, depending on the type of improvements being made.
How It Works
It all starts with a no-fee consultation with a trained and qualified contractor who will help you select the improvement package that is right for you, including available rebates and financing. Comfort Home packages may include:
- Sealing air leaks
- Insulation upgrades for ceilings, floors, and walls
- High-performance windows
Comfort Home Load-Reduction Packages
The home must meet conditions of the entire package to be eligible for the incentive.
Upgrades – Seal and insulate attic and rim joist NYSERDA Incentive $2,500
Upgrades – Seal and insulate attic, rim joist, walls and floors NYSERDA Incentive $3,000
Multiple Comfort Home Projects Over Time
Customers who received Comfort Home incentives for a package within the past year are eligible for a total of $1,000 toward another package.
Customers who received Comfort Home incentives for a package more than a year ago are eligible for total of $2,000 toward another package.
Financing Options
Green Job Green New York (GJGNY) Loan Fund
Smart Energy Loan
The Smart Energy Loan (SEL) is a traditional loan that you repay monthly via check. The interest rate is 3.99% or automatic payment (ACH) interest rate is 3.49%.
Upgrades and services covered:
- Purchase and installation of solar photovoltaic systems, ground source heat pumps, air source heat pumps, and energy efficiency improvements.
Eligibility:
- You must own the home or be an authorized representative of the property.
Loan terms:
- Unsecured
- Interest rates are subject to change. Check for available residential interest rates.
- Loan amounts from $1,500 – $25,000 with loan terms of 5, 10, or 15 years
- If you sell or transfer the property, you remain responsible for the balance of the loan
On-Bill Recovery Loan
The On-Bill Recovery (OBR) Loan, your loan payments are paid as part of your utility bill. Estimated average monthly energy cost savings must be greater than monthly loan payments to use the OBR loan.
Upgrades and services covered:
- Purchase and installation of solar photovoltaic systems, ground source heat pumps, air source heat pumps, and energy efficiency improvements.
Eligibility:
- You must own the home and be named on the utility account
- The home must be served by a participating utility, including: Central Hudson Gas & Electric, Con Edison, PSEG-Long Island, NYSEG, National Grid (Upstate NY customers only), Orange & Rockland, and Rochester Gas & Electric
Loan Approval Criteria
Looking to make energy improvements to your home? The National Energy Improvement Fund makes financing for energy-efficient home improvements easy and affordable.
Home improvements that might be preventing you from getting insulation work done are eligible for funding through NEIF such as:
- Asbestos removal
- Repair or Replacement of Roof
- Knob & Tube
- Windows & Doors
All can be financed through NEIF. Please call 607-775-3035 to let us help you see what we can do for you to get your house insulated.
The National Energy Improvement Fund provides financing for energy efficient home improvements. NEIF focuses on increasing the affordability of energy efficient enhancements through transparent, simple interest, fixed-rate, low payment unsecured installment loans with no fees to the borrower and no prepayment penalties!
- Finance 100% of your energy improvement
- True fixed rate, fixed monthly payments
- Terms up to 10 years
- No adjustable rate, “teasers”, or surprises
- No home equity required
- No points, fees, or closing costs
- No penalty for prepayment or paying extra each month
- Instant credit decision, easy paperless process
- Fully supported by NEIF’s Energy lending specialists
- Work must be performed by NEIF approved contractors
