NYSERDA / EFS is a specialized loan tied to the Con Edison Clean Heat program. It’s the right call for decommissioning jobs where the homeowner has low credit or where the deal size fits within the cap.

• $13,000 financed via NYSERDA
• $8,000 Clean Heat rebate
• = $21,000 total job size

• $13,000 financed via NYSERDA
• $10,000 DAC-enhanced rebate
• = $23,000 total job size

• $13,000 financed via NYSERDA
• $4,000 × 2 meters = $8,000 rebate
• = $21,000 total job size

Exact rebate amounts depend on:

• Number of meters (see Home type & meter rules)
• DAC status
• Other home factors

This is why NYSERDA almost never works on three-family homes. The total project cost is too high to fit a 3-family install inside $13K financed (even after stacked rebates), so consultants usually need to combine NYSERDA with other financing — see hybrid financing below.

If a deal is decommissioning but exceeds the $13K NYSERDA cap, you can stack NYSERDA with other financing. NYSERDA covers up to $13K, and you fill the gap with cash, Wisetack, or another loan.

Source	Amount	Notes
Cash deposit	$3,000	20% deposit at point of sale
Wisetack (gap loan)	$0	Not needed in this example
NYSERDA	$13,000	Hits the cap exactly
Total	$16,000

Source	Amount	Notes
Cash deposit	$3,000	20% deposit
Wisetack	$2,000	Closes the gap
NYSERDA	$13,000	Hits the cap
Total	$18,000

The flexibility of hybrid financing lets you sell low-credit homeowners with deals that would otherwise be too big for NYSERDA alone. See Wisetack for the gap-loan workflow.

This is a hard rule, not a guideline. If the math works on $13K but the job isn’t decommissioning, NYSERDA still rejects it.

Scenario	Can use NYSERDA?
Homeowner lives in the home	Yes — homeowner signs
Renter (no homeowner permission)	No — renters cannot authorize construction work on someone else’s property
Renter with homeowner permission	Yes — but the homeowner signs, not the renter. Homeowner and renter can have any back-end arrangement on who pays the bill. Bienestar doesn’t get involved in that.

So if you’re working with a renter who’s interested in a heat pump install, the path forward is: get the homeowner on the call, get them to sign, then the renter and homeowner figure out the bill payment between themselves.

NYSERDA caps financing at $13,000 regardless of DAC status. DAC homes get higher rebates (which means higher total project size), but the financed portion stays capped.

The only way to push past $13K financed via NYSERDA is to use 35 SEER units instead of standard 20-21 SEER units. But:

• 35 SEER units are expensive
• Profit ratio is lower than standard 20-21 SEER units
• Generally not worth it

Feature	Detail
Credit threshold	Approves very low credit scores (down to ~550)
Term	15 years
APR range	3.49% – 6.99% (typically lower end)
Application	None — homeowner self-serves on the website, selects Bienestar HVAC as dealer

• Decommissioning job, AND
• Low-credit homeowner (or just price-sensitive on APR), AND
• Deal size fits the $13K cap (after rebate) — or you’re combining with hybrid financing

• Non-decommissioning install — not eligible
• Three-family or larger building (cap rarely fits)
• Homeowner has strong credit and would benefit from better APR on Green Sky
• Renter without homeowner involvement

1. Confirm the job is decommissioning
2. Confirm deal size + rebate math in the in-app calculator
3. Direct homeowner to the NYSERDA website
4. Homeowner selects Bienestar HVAC as the dealer
5. Approval flows through