Capital for Change in partnership with the electric and gas utilities offers variety of low interest loans to finance energy efficiency upgrades. The program offers On-Bill Repayment financing, where the loan amount can be paid through a surcharge on the monthly electricity bill. The loans are not transferable, and there currently is no collateral requirement.
Customers of Eversource (formerly CL&P) and United Illuminating are eligible for the program. Applicants must own a single or two-family home (including condos and vacation homes).
HES Payment Plan
Provides 0% APR financing for amounts $1,000 to $3,000 for a period of 36 months. To be eligible the applicant has to participate in the Home Energy Solutions program.
|Incentive Type:||Loan Program|
|Eligible Renewable/Other Technologies:||Water Heaters,Furnaces,Boilers,Heat pumps,Air conditioners,Building Insulation,Windows|
|Maximum Loan:||$1,000 - $3,000|
|Loan Term:||36 months|
|Interest Rate:||0% APR|
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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