| Program | Home Energy Solutions Micro-Loan Program |
|---|---|
| Category | Financial Incentive |
| Implementing sector | State |
| Last Update | |
| State | Connecticut |
| Website | https://www.capitalforchange.org/hes-micro-loan |
| Sectors | Residential |
Capital for Change, in partnership with the electric and gas utilities, offers a 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, for electric customers of Eversource. 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 loan $500 to $3,000 for a period of up to 36 months.
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