Residential Energy Efficiency Financing Program

Upgrade Your Home with Easy, Low-Interest Financing

Make energy-saving improvements today with help from streamlined, fixed-rate, low-interest financing. It couldn’t be easier. A home appraisal isn’t necessary, and you’ll have up to 12 years to repay the loan while your energy savings add up. You may even be able to repay your loan through your utility bill.

Enjoy lower energy costs

It’s never been easier to pay for energy-saving home improvements. Low-interest loans let you upgrade your home and enjoy lower energy costs right away.

If you’re a Connecticut resident and a residential customer of UI or CL&P you could be eligible. To participate, you must own and occupy a single-family home or a multifamily home up to four units, including condos. Vacation homes also qualify.

Loan Details

  • Loans ranging from $1,000 to $25,000*
  • Funds must pay for qualifying energy efficiency improvements
  • Interest rates are as low as zero percent
  • Up to a 12-year term
  • No fees to you or your contractor; no pre-payment penalty
  • Unsecured, fixed-rate loans
  • No home equity required
  • Easy, quick application process
  • CL&P customers can choose to repay their loan through their utility bill or through the Connecticut Housing Investment Fund, Inc.
  • UI customers will pay their loan through their utility bill

What Improvements Qualify?

To qualify for financing, your home improvements must be recommended through the Home Energy Solutions program and be installed by an approved contractor. Improvements may include:

  • Insulation
  • Energy-efficient windows
  • ENERGY STAR® heating and cooling systems
  • High-efficiency water heating equipment

To learn more about the financing program and how to apply, visit the Connecticut Housing Investment Fund, Inc., website.

Call 877-WISE-USE (877-947-3873) for more information.

* Subject to credit approval by the Connecticut Housing Investment Fund, Inc.
**Interest rate of loan is based on the qualifying measure being financed.

 


Who is Eligible?

If you’re a Connecticut resident and a residential customer of UI or CL&P you could be eligible. To participate, you must own and occupy a single-family home or a multifamily home up to four units, including condos. Vacation homes also qualify.

To qualify for financing, your home improvements must be recommended through the Home Energy Solutions program and be installed by an approved contractor.

To learn more about the financing program and how to apply, visit the Connecticut Housing Investment Fund, Inc., website.

If you are a Connecticut resident and are not served by one of the utilities listed above, please visit your utility’s website to see what energy efficiency programs are available to you. Please click here for information on how to contact your municipal utility.