Financing and Incentives that we can offer...
Financing Forms:
Financing Options:
We here at HUGHESCO Inc. we are committed to find a financing package that works best for you and your family. Here are some of the Options that we have and we have many other options available.
| Option 1 Home Performance with ENERGY STAR Financing Low Interest APR for 1-to-3 family, owner occupied homes |
Option 2 New York Energy $mart Loan Fund Loans offered through local participating lenders. |
| - $20.000 loan limit | - Type of loan(secured or unsecured) determined by lender |
| - 3, 5, 7, or 10 year term | - NYSERDA buys-down the current interest rate by 4% |
| - 24 hour approval | - $30,000 loan limit |
| - Call us for current rate | - Maximum loan term of 10 years |
| - Any 1-4 family home is eligible |
| Option 3 10% Homeowner financing incentive Available to homeowners who choose not to use program financing options |
Option 4 Assisted Home Performance with ENERGY STAR subsidy Available to income qualified homeowners, as part of the Home Performance with ENERGY STAR commitment to making energy efficiency affordable to all New Yorkers |
| - Homeowner receives a cash incentive equal to 10% of the work scope (eligible measure only) | - Can be combined with either loan option |
| - $3,000 maximum | - $5,000 subsidy (maximum) available for 1-4 family homes. |
| - Incentive paid directly to homeowner by the New York State Energy Research and Development Authority (NYSERDA) | - $10,000 subsidy (maximum) available for 2-4 family homes |
| - Any 1-4 family home is eligible | - Subsidy is paid directly to HUGHESCO Inc. |