Through the On Bill Recovery Loan option, your monthly payments on energy efficiency upgrades may not exceed the estimated average monthly energy cost savings. Loan payments are included on your utility bill. Loan amounts range from $1,500 to $25,000 and have loan terms of 5, 10 or 15 years. If you move before you are finished paying off your loan, the balance can be transferred to a new owner when the home is sold. Interest rates are 3.49% for low-income households; 4.99% for moderate-income households; and 5.99 or 6.99% for everyone else. To find your interest rate, click here.

For more information on the On Bill Recovery Loan, click here


The Smart Energy Loan is a typical loan that you repay monthly. You may pay by check or automatic payment. Loan amounts range from $1,500 to $25,000 and have loan terms of 5, 10, or 15 years. If you move before you are finished paying off your loan, you are responsible for the balance of the loan after selling or transferring the property. Interest rates range from 3.49 to 3.99% for low-income households; 4.99 to 5.49% for moderate-income households; and 5.99 to 7.49% for everyone else. To find your interest rate, click here

For more information on the Smart Energy Loan, click here.


other financing options

Your local utility may offer incentives and financing for energy efficiency upgrades, such as rebates for purchasing energy efficient appliances.