Home Energy Solutions Loan Program

Program Home Energy Solutions Loan Program
Category Financial Incentive
Implementing sector State
Last Update
State Connecticut
Website https://www.capitalforchange.org/homeowners/energy-efficiency-programs/hes-plan
Sectors Residential

Capital for Change in partnership with the electric and gas utilities offers variety of low interest loans to finance energy efficiency upgrades. The program offers On-Bill Repayment financing, where the loan amount can be paid through a surcharge on the monthly electricity bill. The loans are not transferable, and there currently is no collateral requirement. 

Eligibility

Customers of Eversource (formerly CL&P) and United Illuminating are eligible for the program. Applicants must own a single or two-family home (including condos and vacation homes). 

HES Payment Plan

Provides 0% APR financing for amounts $1,000 to $3,000 for a period of 36 months. To be eligible the applicant has to participate in the Home Energy Solutions program.

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