At Halco, we offer a variety of easy-to-use financing options for homeowners, while also helping them save on their home comfort and energy efficiency upgrades through available rebates and incentives.
During our in-house visit, your Home Energy Advisor will help you find the rebate and financing options that work for YOU! Regardless of your credit, we have programs available to fit every financial situation. Here's a look into the many options we have for our valued customers.
In addition to incentive programs and financing options, you may qualify for federal and/or New York State tax credits.
Federal Tax Credits
State Tax Credits
New York State's Clean Heat is administered by the homeowner utility (NYSEG, RG&E, National Grid) for the installation of eligible heat pump technology.
System: 4-ton single zone ducted Geothermal horizontal ground loop, Geostar Sycamore highest efficient system
Total: $52,000
Clean heat: ($6,525)
Subtotal (customer responsibility): $45,475
Federal tax credit 30% no cap: ($13,643)
State tax credit 25% $5,000 cap: ($5,000)
Net total: $ 26,833
System: 4 ton single zone ducted air source
Total: $21,000
Clean heat: ($7,000)
Subtotal (customer responsibility):$14,000
Federal tax credit 30% no cap: $2,000
Net total: $ 12,000
COMING SOON: The HOMES program (Homeowner Managed Energy Savings - rebate offer date TBD) The details and funds of this program will be left to the state of New York to disseminate and will require an energy assessment and modeling for projected energy savings. Rebates include:
COMING SOON: The High Efficiency Electric Home Rebates program is also yet to be implemented, and rebate offer date TBD, but it will include rebates on the following upgrades:
Comfort Home Program offers incentives from $1,000 to $4,000 for air sealing and insulation packages, depending on the type of improvements being made. Comfort Home packages may include:
Moderate Heat Pump Incentive (Lottery)
NYSERDA Affordable Solar Grant
No-Cost Home Energy Assessment: All rate-payers of public utility companies in NYS pay an SBC fee (Service Benefits Charge) each month on their utility bill. This SBC money is what funds the no-cost energy assessment.
EmPower New York: Enables income-eligible customers to receive up to $10,000 worth of energy improvements at no cost, based on the criteria below:
Click Here for more information about EmPower eligibility guidelines.
Assisted Home Performance (AHP): Offers income-qualified homeowners a comprehensive, whole-house approach to improving energy efficiency and home comfort while saving money. AHP will match 50% of costs for up to $10,000 worth of approved energy-saving upgrades.
Click Here for more information about AHP eligibility guidelines.
Interest rates as low as 3.49%! We will work with you to ensure your payment does not exceed what you are expected to save on energy costs.
Loans are not incentives or rebates and must be paid back.
our service area