National Grid offers 0% financing to its customers to install energy efficient heating equipment in Rhode Island homes. Only residential customers of National Grid (electric or gas) with 1-4 unit property are eligible for the program. Financing is not offered to tenants.
Interested participants must first schedule for home energy audit through the EnergyWise Home Energy Assessment Program by calling 888-633-7947. The energy audit will provide a list of energy efficiency measures including other rebates offered by National Grid. Customers must contact qualified contractors and submit a proposal to the Program Administrator for review and approval. After approved, the customer will receive 0% unsecured or secured loan depending on the lender. The money will be made available after the installation is verified.
The loan can be used to finance heating and hot water systems (including solar thermal), weatherization Improvements, and other measures listed in the program website.