Can a client receive a reduced interest rate loan and apply for other incentives as well?
Yes, a customer can receive an incentive for a project through another NYSERDA program and still finance the cost of that project through the Loan Fund. For example, a borrower recently received a NYSERDA incentive for the purchase of a new chiller. The customer was then able to finance the cost to purchase and install the chiller through the Loan Fund without deducting the cost of the incentive. Some restrictions apply.
