Tagged: energy efficiency

In our latest Innovation Trail report for New York NOW, we got a behind-the-scenes tour of a suburban home outside of Schenectady to see how much energy it wastes each day.

A new program from the state's Energy Research and Development Authority (NYSERDA) is trying to fix that.

The program helps homeowners pay for major energy efficiency upgrades - by simply paying their power bills.

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A new program launched by New York's Energy Research Development Authority (NYSERDA) earlier this week aims to make it easier for homeowners to pay for energy efficiency upgrades.

The new initiative is part of the Green Jobs Green New York program, and it's called an "on-bill recovery loan." 

The program allows homeowners to get a low interest loan to finance up to $25,000 worth of energy efficiency upgrades to their homes - everything from improved insulation, to a new boiler, or energy efficient appliances.

The way they pay back that loan? Paying their power bill.

The wheels are finally turning on a new-ish state program, designed to improve the energy efficiency of New York's aging housing stock. 

Green Jobs Green New York (GJGNY) tries to kill two birds with one stone: it diagnoses and funds energy efficient makeovers of old structures, with the result being the creation of so-called "green collar" construction jobs.

It also sets out to answer another age-old question: Can I trust this contractor?