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When the New York State Energy Research and Development Authority (NYSERDA) established The Green Job – Green New York renewable and energy efficiency lending program in 2010, Concord Servicing was right there to help pioneer loan servicing for both Smart Energy loans and, later, On-Bill Recovery programs.
Green Banks at both the state and national levels will be instrumental in securing and leveraging large-scale funding of energy efficient programs nationwide. With Green Banks will come many new jobs, opportunities for consumer-friendly financing and lower utility bills at all economic levels, and a rapid increase in renewable energy use.