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Home Energy Efficiency Loans

posted Jul 23, 2010 7:11 AM by Peter Takizawa   [ updated Jul 23, 2010 7:22 AM ]
The Connecticut Energy Efficiency Fund is offering financing to Connecticut Light and Power and United Illuminating customers who own and occupy your single family, duplex or vacation home. You can borrow between $2,500 to $20,000 for qualifying improvements provided by an approved contractor.
  • This program is designed to encourage comprehensive retrofits, which means reducing heat loss through measures like air sealing, insulation and sealing air ducts, as well as upgrading heating and cooling systems.  If you undertake a comprehensive project you can get 0% interest for loans between $7000 and $20,000 or 2.99% for loans between $2500 and $6999.
  • If you do single measures, like insulation, hot water heating, air sealing, duct sealing or replace heating and cooling equipment, the interest rate is 2.99% for loans between $2,500 to $20,000
Get started:
  • First you need to do the Home Energy Solutions in-home assessment which will help you determine which additional measures you need and also provide rebates for insulation and appliances.  Call 1-877-WISE-USE to schedule an appointment.  The co-pay is just $75 for all CL&P customers and $75 for UI customers heating with electricity or natural gas.  UI customers heating with oil or propane currently have to pay $300.
  • Have you done Home Energy Solutions and know which energy upgrades you need?  Visit http://www.ctenergyloan.com/ and apply for a loan online or by calling 1-888-232-3477.