Special Offers and Tax IncentivesSee if your insulation project qualifies — you could save money.
Energy Star Incentives
Energsmart is accredited by the Building Performance Institute (BPI) and is an Energy Star Partner in New York. As such, Energsmart and our customers have access to all New York State programs related to Energy Star and NYSERDA (New York State Energy Research and Development Authority).
While it was once in place to provide assistance to all homeowners, in 2016, the Energy Star program shifted to primarily provide incentives to low and moderate income households, or households that need to finance an energy efficiency project.
Here are the three main components of the program:
This is a low-income program that provides FREE insulation to those who qualify. To determine eligibility, your home is assessed for energy efficiency deficiencies. Based on that assessment, a plan is approved by New York State to make your home more efficient, which includes insulation and other items. Qualification for the EMPOWER program depends on several factors, but is mostly hinged upon household income. For example, a household of four people with an income below $53,071 will qualify in Erie County.
Home Performance with Energy Star
Similar to EMPOWER, this program involves an energy assessment and a plan approved by New York State. Home Performance with Energy Star is a moderate income program, whereby 50% of the cost of insulation is covered by the program (up to $4,000) and the homeowner pays the rest. A household of four people with an income below $70,761 will qualify in Erie County.
The updated Energy Star program provides access to loans for people at all income levels. Although the credit rating required for these programs is lower than the market in general, applicants are still required to have a decent credit rating. Loan rates are a main benefit of this program, as they are typically better than market rate, especially for those with lower income.
Like most government-run programs, there are several factors that determine eligibility for these Energy Star incentives. The professionals at Energsmart are knowledgeable in this ever-changing program and will be more than happy to assist you in the application process. Contact us today to see if you qualify!
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Energsmart Foam Insulation
483 Sawyer Avenue
Tonawanda, NY 14150