The NYSERDA loan is a great option, and thankfully we are one of the few companies on Long Island that are able to offer it. The idea behind this loan is that it allow customers to finance solar for their homes with an affordable fixed interest rate at 3.49%, compared to the other banks that offer solar loans starting at 6.49%. This NYSERDA loan has only a $150 origination fee and has no pre-payment penalties. This loan is most certainly the best loan being offered in the green energy market today.