1WHAT IS NYCEEC?

The New York City Energy Efficiency Corporation (NYCEEC) is a non-profit financial services firm that provides innovative financing solutions and technical expertise to meet building owners’ needs.  NYCEEC-financed projects can result in substantial savings on monthly energy and water bills for owners and tenants.

2WHAT ARE THE BENEFITS OF NYCEEC’S LOANS?

Borrowers will benefit from NYCEEC’s flexible financing and technical expertise:

FLEXIBLE FINANCING: NYCEEC works with borrowers to structure flexible loans that incorporate energy savings. In many cases, loan payments are less than the resulting utility cost savings. NYCEEC will also help borrowers leverage incentives available from utilities and NYSERDA. This enables buildings to be cash flow positive from day one, transforming them into high-performing investments at no to low upfront cost.

TECHNICAL EXPERTISE: NYCEEC’s engineering team provides technical guidance and quality assurance to help building owners maximize cost and energy savings.

3WHAT FINANCING DOES NYCEEC OFFER?

NYCEEC offers direct loans to building owners and their representatives for both construction and permanent financing of clean energy projects.

Contact us if you are interested in other NYCEEC financial products, such as green mortgages, energy services agreements or power purchase agreements.

4WILL NYCEEC FINANCE 100% OF THE PROJECT COST?

NYCEEC will fund up to 100% of the project costs including equipment costs, construction costs and eligible soft costs such as energy surveys and building operations training.

5WHAT BUILDING TYPES DOES NYCEEC FINANCE?

NYCEEC will finance buildings located within the five boroughs of New York City.  Eligible building sectors include: commercial, multifamily (5 units and above), retail, healthcare, institutional, hospitality and schools.

6WHAT CLEAN ENERGY MEASURES DOES NYCEEC FINANCE?

NYCEEC will finance projects that reduce energy use and greenhouse gas emissions including:

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7WHAT ARE NYCEEC’S TYPICAL TERMS?

NYCEEC provides loans from 3 years up to 10 years. Typically loan terms range from 5-7 years.

IS THERE A MINIMUM OR MAXIMUM LOAN SIZE?

NYCEEC can commit to a minimum of $30,000 up to a maximum of $6 million per project.

WHAT INFORMATION DOES NYCEEC REQUIRE?

NYCEEC requires information about the borrower’s financial position and the project cost and scope.

10HOW DO I GET STARTED?

Contact NYCEEC today to discuss financing options for your next clean energy project. Learn more at nyceec.com.