New York Energy $martSM Loan Fund (Loan Fund)?
The NY Energy $martSM Loan Fund is a simple, low-cost way to finance energy-efficient and renewable technologies projects for individual or business use. The program provides an interest rate reduction off of a Participating Lender/Lessor’s normal interest rate for a term up to 10 years. The interest rate reduction for most of the State is up to 4.0% (400 basis points). Con Edison customers may be eligible to receive an interest rate reduction up to 6.5% (650 basis points) less than a Participating Lender/Lessor’s normal market rate.
