City of Plano - Smart Energy Loan Program

Program City of Plano - Smart Energy Loan Program
Category Financial Incentive
Implementing sector Local
Last Update
State Texas
Administrator City of Plano, Credit Union of Texas
Technologies Solar Water Heat, Solar Photovoltaics, Solar Pool Heating
Sectors Residential

The City of Plano offers the Smart Energy Loan (SEL) Program to provide energy efficiency loans to homeowners. In partnership with Credit Union of Texas, Plano provides homeowners with a variety of financing options for energy efficiency upgrades. The SEL loan program will continue to offer future loans as existing loans are paid off. Loan amounts range from $2,500 - $25,000. 

Eligible properties must be owner-occupied existing residential properties to qualify for this loan program. Other requirements include being current on mortgage and property taxes, no bankruptcy or foreclosure history for the past 3 years, and no voluntary liens currently held on property. 


Acceptable energy efficiency design measures are identified by a pre-improvement General Energy Audit with a RESNET certified auditor and presented to the borrower.

A program prerequisite for all SEL loans will be the completion of identified Whole-house Energy Efficiency Package* and a RESNET General Energy Audit Improvement Analysis Report. The Report will identify the home’s baseline rating and assist in prioritizing and completing projects based on energy efficiency improvement, return on investment and existing equipment condition.

Renewable Energy

All applications must achieve at least a 20% energy efficiency improvement (or at least a HERS rating of 85 or better) prior to funding the installation of any on-site renewable or energy generation systems (see complete project eligibility criteria). 

*Whole-house Energy Efficiency Package consists of a minimum of sealing ducts, windows, doors and wall penetrations; HVAC tune-up; attic insulation of at least R=38; insulating/sealing recessed lights in ceilings; installation of at least 50% CFL light bulbs and insulating water heater tanks. In addition, the home will need to demonstrate a .36 reduction in ACH (as measured by 2018 IECC, 405.5.2 (1).Home projects can be excluded from the Whole-house Package prerequisite, through achieving a HERS Index of 125 or below (if built on or before 2000) or below 101 (if built after 2000) or if the systems are for an emergency replacement.

Add new comment