New York
State funds for Auburn businesses to make energy efficiency improvements

Auburn, New York – On August 11, the Auburn City Council will hold a public hearing meeting on whether to sign up for a state program that would provide money for businesses to make energy efficiency improvements.
EIC Open C-PACE is a program administered by the state Energy Improvement Corporation. The program differs from traditional bank loans.
• Financing is available for up to 100% of the project cost or can be combined with other financings.
• Competitive private financing from EIC-approved capital provider
• Customizable loan terms up to the expected life of the improvement(s) (generally 20-30 years)
• Benefit assessment lien is subordinate to municipal taxes and senior to other liens (consent from mortgage holder is required)
• Automatically transfers to new owner upon sale of property
• Available for energy efficiency and renewable energy measures (Projects are qualified according to NYSERDA’s C-PACE Guidelines)
According to Auburn City Clerk Chuck Mason, the first step for the city to participate in the program is to put the necessary language into the city code.
-
Local News2 weeks ago
Bills fans react to Championship game loss to Chiefs
-
Local News2 weeks ago
Report details allegations of sexual harassment and retribution against the town supervisor of Irondequoit
-
Local News1 week ago
The University of Rochester offers prospective medical students a surgery simulation
-
Local News2 weeks ago
A cyberattack that exposed over 134K RCSD student records discussed by an expert
-
Local News3 days ago
Members of the New York Teachers Union want the Tier 6 retirement system to be changed
-
Local News1 week ago
During “Free Youth February,” children can enter the Seneca Park Zoo for free
-
Local News2 weeks ago
The DMV has increased its efforts to alleviate the shortage of school bus drivers
-
Local News2 weeks ago
Seneca Lake’s 50 dead snow geese are being examined for avian flu