Residential Energy Efficiency Loans
OPTION 1: On Bill Financing
NHEC members with excellent payment history can finance Home Performance with ENERGY STAR® project co-payment costs up to $4,000 for up to 48 months. On bill financing is interest free (0%)
- The loan balance can be paid at any time without penalty
- Billing will be in equal monthly payments on your electric bill
The balance of the loan becomes due if you move or close your NHEC account.
OPTION 2: Third Party Financing
NHEC also works with a number of lending partners to help support members with financing the cost of Home Performance with ENERGY STAR® or for the installation of qualified heat pumps. Through our Third Party financing option, you can apply for an EfficiencyLoan with any participating lending partner.
- Loan approval is based solely on the lending institution’s criteria
- NHEC will buy down the Loan Interest Rate to 2% through one-time payment to the lender
- Loan amounts up to $15,000 are available
- Minimum loan amount is $1,000