Small businesses and nonprofits that make energy-efficiency upgrades in their buildings can obtain up to $50,000 in low-interest energy efficiency financing, repayable on their monthly utility bills, under a program announced recently by the New York State Energy Research and Development Authority.
The program, known as On-Bill Recovery Financing, was a signature part of Gov. Andrew Cuomo’s Power NY Act of 2011, NYSERDA said in a press release.
It is designed to help small businesses and nonprofits obtain capital to improve their energy-efficiency and reduce their energy bills. The energy savings is then used to pay for the upgrades.
Lenders, credit unions and community development institutions statewide are eligible to offer On-Bill Recovery Financing loans.
The interest rate for the financing is 2.5 percent.
Businesses with 100 employees or fewer and nonprofits that own their buildings are eligible for On-Bill Recovery Financing.
Also, those that lease or manage all or part of the building and have a release from the building owner to seek financing through the program are eligible.
Businesses and nonprofits must have accounts with designated utilities, which in central New York include New York State Electric and Gas Corp. and National Grid. Use of the financing is restricted to energy efficiency improvements identified in a qualified energy assessment provided by a NYSERDA program, a utility program or by a qualified energy consultant.
They can include upgrades to lighting systems; system and building controls; heating, ventilation and air conditioning systems; commercial kitchen equipment; business processes; and other systems. Some efficiency projects may also qualify for NYSERDA or utility incentives or rebates.
For additional requirements and information, along with contact information for participating lenders, go to nyserda.ny.gov/participation-loan. The application for lender participation is at nyserda.ny.gov/loan-originator-agreement.
Nosh your normal food truck
Gourmet food from a truck?
Capitalizing on a nationwide trend, the Ate O Ate Food Truck is about to begin service in Delaware County. But, as opposed to roadside food trucks that serve up hotdogs, burgers and chili, Ate O Ate aims a bit higher.
Its offerings include treats like chicken curry salad in puff pastry and smoked salmon, cucumber and green onion nori rolls. Its Rueben fritters promise “everything you’d get in a Rueben sandwich, but in delectable bite-sized pieces.”
Also different from most food trucks, it won’t set up in a single location all the time. Based in Roxbury, it promises to operate up and down the state Route 28 corridor and even offers to let visitors to its website suggest locations. In addition, it will be available for cocktail parties, dinner events, fundraisers and “all-out catering for all occasions.”
For more information, go to ateoatecatering.com or call 326-3392.
Main Street to welcome new business
The Otsego County Chamber will be welcoming a new business to Main Street in Oneonta on Saturday.
The Collage Food Boutique, run by Chef Zijin Wu, will offer a variety of food made fresh every day. It joins the Creative Dress Boutique, Classic Style, A Bit of Whimsy, Monkey Barrel Toys, Hospice Thrift Shop, Spice Company, Half Pint Printing and Delaware National Bank of Delhi in the shops at Ford and Main, a mini-mall that opened this year at 265 Main St.
The chamber will have a table with giveaways from 11 a.m. to 1 p.m. at the shops and will also be accepting nominations for the Business of the Year and Citizen of the Year.
More than 50 employees of the Fly Creek Cider Mill & Orchard recently marked the end of its season this weekend with a banquet at Bocca Osteria Restaurant in Cooperstown, during which the 12th annual Employee Service Recognition Award was presented to Judith Mayer of Richfield Springs. … Palace Cigar at 277 Main St., Oneonta, has reopened under the ownership of Peter and Lyla Bonnici.
To suggest a business story, announce a new business or changes to an existing one, email details to firstname.lastname@example.org or call Richard Whitby 432-1000, ext. 221.