Austin Energy - Residential Energy Efficiency Loan Program

March 11, 2024


Austin Energy offers loans for residential customers interested in energy efficiency improvement projects through two different programs, the Weatherization Assistance Program and Home Performance with Energy Star Program. The Weatherization Assistance Program offers financing at 0% interest for up to 10 years on new air conditioning systems. The Home Performance with Energy Star Program offers a financing program through Velocity Credit Union with interest rates beginning as low as 1.99%.

Qualifying energy efficiency improvements for these loans are identical to the eligible products for rebate, as seen in Austin Energy's Residential Rebate Program.

All work must be done by a program-approved contractor. For loan pre-approval with Austin Energy's financing partner, Velocity Credit Union, customers can call (512) 469-7060, or toll free (800) 933-2029, or apply online at


Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Texas
Incentive Type: Loan Program
Web Site:
Administrator: Austin Energy
Start Date:
Eligible Renewable/Other Technologies:
  • Heat pumps
  • Air conditioners
  • Caulking/Weather-stripping
  • Duct/Air sealing
  • Building Insulation
  • Windows
  • Other EE
Maximum Loan: Contact participating contractors for loan amounts.
Loan Term: Repayment: Up to 10 years
Interest Rate: Home Performance with Energy Star Rate: 1.99%+
Weatherization Assistance Rate: 0%


Name: Customer Care Center
Organization: Austin Energy
Address: 721 Barton Springs
Austin TX 78704-1194
Phone: (512) 974-7827

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.