Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | Colorado |
Incentive Type: | Loan Program |
Web Site: | https://www.xcelenergy.com/programs_and_rebates/residential_programs_and_rebates/home_energy_efficiency/energy_efficiency_financing_for_new_homes |
Utilities: | Public Service Co of Colorado |
Eligible Renewable/Other Technologies: | Solar Photovoltaics |
Eligible Efficiency Technologies: | Comprehensive Measures/Whole Building, Yes; specific technologies not identified |
Maximum Loan: | Up to $50,000 |
Loan Term: | 3 years to 15 years |
Interest Rate: | 2.75-12.24% |
Technologies: | Solar Photovoltaics, Comprehensive Measures/Whole Building, Yes; specific technologies not identified |
Sectors: | Residential |
Parameters: | The incentive has a minimum of $500.00, The incentive has a maximum of $50000.00 |
Xcel Energy connects residential customers with third-party lending partners, Elevations Credit Union and Lendkey, to provide qualifying residential customers with access to loan products for home energy efficiency improvements. Loans for qualifying home energy efficiency projects can be combined with rebates to make projects even more affordable (loans are also available for non-rebated measures).
LendKey Home Energy Efficiency Loan: The LendKey Home Energy Efficiency Loan is available to residential customers throughout Xcel Energy’s Colorado service territory. This loan features a field of highly vetted contractors and an instant-approval process.
Elevations Energy Loans: In City and County of Denver and Boulder County, homeowners have access to the Elevations Energy Loan, which offers low interest rates and access to an energy advisor.
Visit the program website for more information on this program.
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kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
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