N.Y. Public Service Law § 135-l: Alternate financing method

§ 135-l. Alternate financing method. Notwithstanding the provisions of

sections one hundred thirty-five-d and one hundred thirty-five-g of this

article, a utility may satisfy its obligation to provide financing to

eligible customers by concluding financial arrangements with two or more

lending institutions in this state engaged in making home improvement

loans to provide loans to eligible customers for home conservation

programs pursuant to this article, provided that such loans shall be

under such terms and conditions as are consistent with the terms and

conditions of section one hundred thirty-five-g. The utility may

guarantee such loans where the commission determines that such action is

in furtherance of the public interest. If the commission determines it

to be necessary, to facilitate the home improvement loans authorized by

this article, it may require a utility to maintain a supply of loan

application forms for such loans.