Low Rate Loans for Energy-Efficient Heating Systems
If you are a residential customer of Connecticut Light & Power (CL&P) or The United Illuminating Company (UI), you may be eligible for a low-interest loan to purchase and install an energy efficient heating system.
- 2.99% APR financing For Residential Heating Equipment Upgrades or Conversions
- Loans up to $15,000
- Installments on your loan will be billed conveniently on your monthly electric bill
- Low monthly payments on loan terms from 3 to 10 years which will result in a monthly payment equal to or less than your projected monthly energy savings
- Up to 90% of the heating system equipment and installation may be financed depending on projected energy savings – the greater the savings, the lower the down payment
Information on energy efficiency and renewal energy programs for Connecticut residents and businesses can be found at EnergizeCT.com.