WHAT IS YGRENE FINANCING?
YGRENE is a financing mechanism that enables low-cost, long-term funding for energy efficiency, renewable energy, and water conservation projects. YGRENE financing is repaid as an assessment on the property’s regular tax bill, and is processed the same way as other local public benefit assessments (sidewalks, sewers) have been for decades. Depending on local legislation, you can YGRENE FINANCE impact windows for commercial, non-profit and residential properties. Approval for YGRENE financing impact windows is based Upon Property’s Equity And Not Your Credit Score. Repayments are made through your property taxes and in case the property is sold, the remaining assessment can be passed to the new property owner as the Program does not always require full repayment.
HOW DOES YGRENE FINANCING WORK?
YGRENE financing terms extend spread the cost of your impact windows to 30 years, so it’s possible to undertake comprehensive installations that have meaningful energy savings and a significant impact on energy bills. Property owners use YGRENE because they can fund projects with no out-of-pocket costs. The annual energy savings for a YGRENE project often exceed the annual assessment payment, so property owners are cash flow positive for the entire term.
- No Money Down, 100% Financing.
- No Payments For Up To 17 Months.
- Based On Home Equity.
- No Minimum credit score required.
- Get Prequalified In Minutes.
- No pre-payment penalties.