Ulster County Executive Mike Hein signed into law the
Sustainable Energy Loan Program which will be known as the “Energize NY Benefit
Financing Program” to advance Ulster County’s clean energy economy. The
County Executive was joined by Ulster County Legislator Tracey A. Bartels,
Chairman of the Energy and Environment Committee and Ulster County Legislator
Manna Jo Greene, member of the Energy and Environment Committee, both of whom
sponsored the law. The new program, available in Ulster County towns will
make financing available to commercial property owners for the installation of
renewable energy systems and energy efficiency measures. It also allows
the Energy Improvement Corporation (EIC), a local development corporation, to
act on behalf of Ulster County and provide financing to qualified property
owners. The financing will be repaid by property owners who will see a
charge on their real property tax bill. The payment will be levied and
collected at the same time and in the same manner as County taxes, although it will
be listed separately on the tax bill.
