Why Finance?

Efficiency upgrades will lower your energy bills now, which helps offset your monthly loan payment. If your energy savings are substantial, you may even see a decrease in your monthly expenses. Once your loan is paid, you’ll continue to enjoy energy savings, lower bills, and a more comfortable home.

Heat Saver Loan

The Heat Saver Loan is a fast, easy, and flexible way to finance home weatherization and heating improvements. These can include high-efficiency boilers and furnaces, cold-climate heat pumps, air sealing and insulation, solar hot water heaters, heat pump water heaters, and central pellet boilers.

  • Low-interest loans of up to $35,000, with 100% financing available
  • Can be processed in as little as two business days
  • Low-to-no closing costs (can be rolled into loan), loan terms of up to 15 years

View Rates and Details

The NeighborWorks of Western Vermont Energy Loan

A loan offered by NeighborWorks of Western Vermont is available statewide. Loan funds may be used to finance energy efficiency improvements and necessary health and safety improvements. Qualifying improvements include cold climate heat pump heating and cooling systems, efficient hot water heaters, air sealing, insulation, renewables, and more. Visit the Neighborworks of Western Vermont website for more information.

  • Low interest loans of up to $40K and 100% financing of the project cost
  • Processed in two business days or less
  • Low closing costs are financed into the loan; payback period of up to 15 years
  • No prepayment penalty
  • Green Mountain Power customers can repay their NeighborWorks of Western Vermont Energy Loan on their electric bill.

Property Assessed Clean Energy (PACE)

Due to the favorable loan terms and flexibility the Heat Saver Loan offers, we are no longer accepting PACE financing applications. Existing PACE loans will continue to be serviced through Opportunities Credit Union. If you have additional questions, please contact us.

More Loan Options

Other ways you may be able to finance your energy efficiency improvements include personal loans, home equity loans or lines of credit, and standard mortgages. Terms, closing costs, and eligibility criteria for these products vary by lender. If you have questions about which option may be most suitable for you, contact local lenders or give us a call.

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