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Suffolk County Joins Energize NY to Help Local Businesses Access Low Cost, Long-Term Financing Program for Renewable Energy Investments

Written by Long Island News & PR  |  19. September 2016

Suffolk County, NY - September 16, 2016 - Suffolk County Executive Steve Bellone and Energy Improvement Corporation (EIC) jointly announced that Suffolk County has joined EIC, which enables Suffolk County’s local businesses and not-for-profits to participate in EIC’s Energize NY Property Assessed Clean Energy (PACE) program. The County’s membership enables commercial, industrial and agricultural businesses in Suffolk County to access Energize NY’s Property Assessed Clean Energy (PACE) financing for energy efficiency and renewal energy projects.

With support from local elected officials, solar and energy efficiency developers and environmental groups, the Suffolk County Legislature passed legislation on November 17, 2015, that would allow Energize NY to offer low-interest loans for energy efficiency and alternative energy improvements.
 
There are currently 30 projects pending or under development awaiting completion of the membership process. Energize NY plans on making presentations on the new program to business organizations such as the LIA and HIA, trade groups, clean energy advocates, chambers of commerce, and the local agriculture community. Suffolk County will be coordinating with town economic development agencies and energy offices to bring Energize NY’s presentation to their local businesses, chambers and associations this fall.
 
Interested participants should contact the Energize NY Finance team, Robert Fischman  or Jana Petrikova at (914) 302-7300 option 2 or email.

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