Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | Massachusetts |
Incentive Type: | Loan Program |
Web Site: | http://www.hged.com/customers/save-energy-money/for-home/residential-energy-conservation/default.aspx |
Administrator: | Customer Service |
Utilities: | Holyoke City of |
Eligible Renewable/Other Technologies: | Solar Water Heat, Solar Photovoltaics |
Eligible Efficiency Technologies: | Equipment Insulation, Water Heaters, Furnaces, Boilers, Air conditioners, Programmable Thermostats, Building Insulation, Windows, Doors, Other EE, Insulation |
Maximum Loan: | Single-Family Homes: $5,000 Owner-Occupied Multi-Family Dwellings: $10,000 (maximum of $5,000 per unit) Solar: $10,000 |
Loan Term: | General: Up to 5 years Solar: Up to 10 years |
Interest Rate: | 0% |
The program covers the following home improvements: central air conditioning, gas-fired warm air furnaces, gas-fired steam boilers, gas-fired hot water boilers, electric water heaters, gas storage water heaters, gas-fired instantaneous water heaters, gas conversion burners, indirect water heaters (attached to a gas-fired boiler), attic insulation, wall insulation, floor insulation, basement insulation, heating and hot water piping insulation, rim joist insulation, replacement windows and doors, programmable and/or Wi-Fi thermostats, mini-split/ducted air-source heat pumps, solar photovoltaics, and solar water heaters. Homeowners installing insulation, replacement windows, replacement skylights, or an indirect water heater must have a free home energy audit performed before application submission. All equipment must meet certain energy efficiency standards that are listed on the application.
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No money down, 100% finance is available.
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