Solar & Battery Regulation & Incentive Programs

New Hampshire Electric Co-op - Residential Energy Efficiency Loan

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
New Hampshire
Eligible Storage Technologies:
Heat pumps, Caulking/Weather-stripping, Building Insulation, Comprehensive Measures/Whole Building
Website:
http://www.nhec.com/home-energy-solutions/energy-efficiency-loans/
Maximum Loan:
On Bill Financing Loan: Up to $4,000
3rd Party Loan Buy Down Program: Up to $15,000
Loan Term:
On Bill Financing Loan: Up to 48 months
3rd Party Loan Buy Down Program: Up to 84 months
Interest Rate:
On Bill Financing Loan: 0%
3rd Party Loan Buy down Program: 2%
Applicable Sectors:
Residential
Utility:
New Hampshire Elec Coop Inc
Last Updated:
01/02/2019

Eligibility Criteria

EligibilitySectorsTechnologies
max $4000.0000
Residential
Caulking/Weather-stripping
Building Insulation
Comprehensive Measures/Whole Building
max $15000.0000
Residential
Heat pumps
Comprehensive Measures/Whole Building

Summary

New Hampshire Electric Co-op offers On Bill Financing Loans to be used for eligible projects under the NHEC Home Performance with ENERGY STAR program for weatherization. This loan program can be combined with NHEC rebates under the same program. Loans are up to $4,000 at 0% interest for up to 48 months.

NHEC also offers loan subsidies as a part of their Residential Energy Efficiency Loan Buy down Program. These are to be used for eligible projects under the NHEC Home Performance with ENERGY STAR program for weatherization and for unrebated costs associated with the installation of High Efficiency Heat Pumps and Heat Pump Water Heaters. This loan program can be combined with NHEC rebates under the same program. Loans are up to $15,000 at 2% interest for up to 84 months.