Energy Efficiency Loans
Find the right fit for your project.
From this winter’s heating fuel to a long-term energy upgrade, our Energy Efficiency Loans can help make the cost more manageable.
Three loan options. One goal: helping make your home more energy efficient.
Keep the Heat On
Tier 1: Heating Fuel & Consumable
Need to stock up on heating oil, propane, wood pellets, firewood, or natural gas?
Up to
$3,000
Rates as low as
6.00% APR*
Terms up to
12 months
Heat Smarter
Tier 2: Heating Equipment
Ready to replace an aging heating system or add a more efficient option? Use this loan for heat pumps, furnaces, boiler replacement, and other eligible heating equipment.
Up to
$15,000
Rates as low as
8.00% APR*
Terms up to
60 months
Power Your Home
Tier 3: Solar Power
Make a bigger investment in your home’s energy future with financing for solar panel equipment and installation.
Up to
$30,000
Rates as low as
10.00% APR*
Terms up to
180 months
Frequently Asked Questions About Our Energy Efficiency Loans
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Yes. We will need to see an invoice, and a check will be made out to the business or vendor.
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The amount you can borrow depends on the type of project. Heating fuel and other consumables can be financed up to $3,000, heating equipment projects up to $15,000, and solar projects up to $30,000.
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Loan terms vary by tier. Heating fuel and consumables have terms up to 12 months, heating equipment loans have terms up to 60 months, and solar loans have terms up to 180 months. You can always pay off your loans early with no prepayment penalty.
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Rates are as low as 6.00% for heating fuel and consumables, as low as 8.00% for heating equipment, and as low as 10.00% for solar power. Your actual rate is based on creditworthiness and is subject to credit approval and underwriting criteria.
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Yes. The heating fuel and consumables tier can be used for eligible heating expenses such as heating oil, propane, wood pellets, firewood, and natural gas.
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Yes. Tier two of our Energy Efficiency Loans can be used for eligible upgrades such as heat pumps, furnace replacements, and boiler replacements.
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Yes. Tier three can be used to finance eligible solar panel equipment and installation.
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It depends on what you’re financing. If you’re purchasing heating fuel or other consumables, Tier One might be the right fit. For heating equipment upgrades, Tier Two is designed for those projects. If you’re investing in solar equipment and installation, Tier Three may be the best option.
*APR=Annual Percentage Rate. Rate shown is based on a credit score of 750+ and may not be available to all borrowers. Terms and conditions are subject to underwriting criteria.