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Project completion forms & Updated Fuel Rates

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To: Contractors
Regarding Programs: Residential Financing Program
Summary: Project completion forms & Updated Fuel Rates
Contact: [email protected]

Project Completion Forms:

Projects using the Green Jobs – Green New York (GJGNY) Residential Financing Loan program must submit a completion certificate signed by both the contractor and the customer. The completion certificates can be found on the Resources for Participating Contractors webpage and should be submitted directly to Slipstream.

For customers that are using the EmPower New York or the Assisted Home Performance with ENERGY STAR® (AHPwES) programs in conjunction with a GJGNY loan the Post Install Measures Report should be completed and submitted. The Post Install Measures Report is also generated from EmpCalc. The EmpCalc generated report can be submitted to Slipstream as long as both the contractor and customer have signed it. Please note that the Post Install Measures Report is not the same as the Certificate of Completion – Audit & Direct Install Report. The Audit & Direct Install Report will not be accepted by Slipstream for GJGNY loans. Older completion forms will not be accepted after March 31, 2023.

For customers that are not using EmPower or AHPwES programs with a GJGNY loan (“Market Rate Customer”) the Certificate of Completion – GJGNY Residential Financing should be completed.

Updated Fuel Rates:

On March 8, 2023, an updated version of the air source and ground source savings calculators and the residential assessment tool will be available on the Resources for Participating Contractors webpage. This version includes updated fuel rates for calculation of loan cost effectiveness for use in the Web ProForma.

The updated fuel rates are based on a three-year average and for cost effectiveness calculations, NYSERDA uses volumetric charges including supply (commodity), transmission and distribution, and other charges applied based on the supply volume. Fixed charges included in the customer bill are not included for savings calculations because fixed charges are applied equally to each comparative use case and are therefore not a factor in the affordability analysis.

Only version 03.01.2023 will be accepted after March 8, 2023.

If you have any question, please reach out to [email protected], or contact Heather Clark, 518-862-1090 ext. 3253.Thank you for your continued support and cooperation in making GJGNY Residential Financing Program a success.

-The Residential Financing Team