Energy Project Financing
NYPA Financing Makes Energy Projects Possible
NYPA can provide low-cost financing for energy efficiency and other energy projects for any public entity in the state of NY, not-for-profit colleges and universities, and recipients of NYPA's economic development-related power, including ReCharge NY companies. NYPA’s mission and financial position lets us offer excellent terms and a very straightforward process. NYPA’s competitive lending rates makes it easier to manage capital investment budgets. In most instances, there is no upfront capital outlay required, which allows many of our customers to start projects quickly. And combined with NYPA energy solutions services, projects can be turn-key from scoping to implementation. NYPA's financing professionals will be happy to discuss potential projects with all qualified entities.
NYPA’s competitive lending rates makes it easier to manage your capital investment budgets. No upfront capital outlay is required in most instances.
NYPA Financing is available to all government entities in New York (subject to credit approval), whether or not they are a NYPA customer. The energy projects must be able to estimate energy savings results or meet other agreed-upon criteria. In some cases, additional security pledges may be required.
- Competitive, low interest rates
- NYPA will secure financing for your business needs
- Can be used with other financing programs and incentives, or as a separate loan
- Eligible for energy efficiency projects managed and implemented by NYPA
NYPA, the State of New York, and the U.S. federal government, have a number of financing and grant mechanisms to help advance a cleaner and more resilient energy grid—offering energy financing opportunities across New York State.