The Connecticut Green Bank administers the Smart-E Loan program which offers long-term, low-interest financing to CT homeowners looking to upgrade their home's energy performance. Loans are offered at no money down, fixed rates, and with no prepayment penalties for various energy efficiency upgrades and renewable energy systems. Smart-E Loans are offered in partnership with participating community banks and credit unions, and approved contractors.
To be eligible for the loan, the building must be 1-4 units, be owner occupied, and the homeowner's primary residence, located in CT.
For more information, including a list of eligible measures, participating lenders and approved contractors, visit the program website.
| Implementing Sector: | Federal |
| Category: | Financial Incentive |
| State: | Connecticut |
| Incentive Type: | Loan Program |
| Web Site: | https://www.ctgreenbank.com/programs/smart-e-loans-low-interest/ |
| Administrator: | CT Green Bank in partnership with Energize Connecticut |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Loan Term: |
Loan term vary between 5- 12 years; Fixed interest rate vary between 4.49%- 6.99% Special Bundle Rates: 0.99% |
| Name: | Smart-E Loan Program |
| Address: |
845 Brook Street Rocky Hill CT 06067 |
| Phone: | (860) 563-0015 |
| Email: | smarte@ctgreenbank.com |
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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