Holyoke Gas & Electric - Residential Energy Conservation Loan Program

April 05, 2023


HG&E’s Residential Energy Conservation Program (RECP) provides financial assistance at 0% interest for the implementation of qualifying energy efficiency and electrification projects.  Financial assistance is repayable over a period of up to five years and repayment charges are conveniently placed on your HG&E monthly bill.  Note: A one-time processing fee of $100 applies.

Please review the step-by-step application process as well as the project-specific requirements (both located on this webpage below) before you submit your application. If you have any questions, please contact  efficiency@hged.com or 413-536-9382.

The program covers the following home improvements: central air conditioning, gas fired warm air furnaces, gas fired steam boilers, gas fired hot water boilers, electric hot water heaters, gas storage water heaters, gas fired instantaneous hot water heaters, gas conversion burners, indirect water heaters (attached to a gas fired boiler), attic insulation, wall insulation, floor insulation, basement insulation, heating and hot water piping insulation, rim joist insulation, replacement windows and doors, programmable and/or Wi-Fi thermostats, mini-split/ducted air-source heat pumps, solar photovoltaics, and solar hot water heaters. Homeowners installing insulation, replacement windows, replacement skylights, or an indirect water heater must have a free home energy audit performed before application submission. All equipment must meet certain energy efficiency standards that are listed on the application.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Massachusetts
Incentive Type: Loan Program
Web Site: http://www.hged.com/customers/save-energy-money/for-home/residential-energy-conservation/default.aspx
Administrator: Customer Service
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Photovoltaics
  • Water Heaters
  • Furnaces
  • Boilers
  • Heat pumps
  • Air conditioners
  • Programmable Thermostats
  • Duct/Air sealing
  • Building Insulation
  • Windows
  • Doors
  • Insulation
  • Lithium-ion
  • Level-2 Electric Vehicle Service Equipment
Maximum Loan: Single-Family Homes: $10,000
Owner-Occupied Multi-Family Dwellings:
Properties with two units: Up to $15,000
Properties with 3-4 units: Up to $20,000
Solar PV: $10,000
Loan Term: Projects under $2,000: 36 months
Projects over $2,000: 60 months
Solar: Up to 10 years
Interest Rate: 0%


Name: Customer Service
Organization: Holyoke Gas & Electric
Address: 99 Suffolk St
Holyoke MA 01040
Phone: (413) 536-9382
Email: efficiency@hged.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.