Law Helps Consumers Reduce Energy Bills

Buffalo NewsJuly 05, 2011

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Summary


Lost in the flurry of big-ticket issues approved in Albany last week was the Power NY Act, a green jobs financing law, which proponents say will allow moderate-income homeowners to obtain loans for energy-efficiency improvements.

The measure complements the state's 2009 green weatherization program -- Green Jobs/Green NY. It allows a homeowner or small business owner to pay for a loan through their utility bills, using energy savings generated by the improvements.

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Law Helps Consumers Reduce Energy Bills

Supporters say the new financing law could create 14,000 green jobs, while reducing energy bills and greenhouse gas emissions.

"It...

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