Energy Efficiency Loans
C4C helps homeowners conserve energy usage and decrease costs through audits, retrofits, and alternative / clean energy improvements.
Simply click above on the ECL, SMART-E, HES, Landlord Loan or Energize CT Heat Loan for program eligibility criteria and to apply.
See the table below for general info about each of these programs:
Heating LoanHES Payment Plan
(Micro Loan)C4C Landlord LoanEnergy Conservation Loan (ECL) **Emergencies only**
Interest Rate 4.49% - 6.99% 0.99% 0% 4.49% - 6.99% 0-3% Repayment Plan 5-12 years 3-10 years 3 years 5-12 years 10 years Payments may be added to electric bill Eversource Only Required Required Eversource Only NO Eversource / UI Electric Customers Only NO YES YES NO NO Underwriting Basis Credit Report Utility History Utility History Credit Report Credit Report Minimum FICO 580 N/A N/A 660 N/A Debt to Income Ratio Maximum*waived for hihger credit scores 50%* N/A N/A 50%* 50% Minimum Loan Amount $500.00 $1 350.00 $1 000.00 $3 000.00 $400 Maximum Loan Amount $40 000.00 $15 000.00 $3 000.00 $40 000.00 $25 000,00 Owner-Occupancy Required YES NO NO NO NO CT Residency Required YES NO NO NO YES Income Limit Applies NO NO NO NO YES Eligible Improvements See Table Heating System See Table See Table See Table HES Assessment Required NO NO YES NO NO Downpayment Required NO YES NO NO NO Fees NO NO NO UCC Fee $50 Recording Fee $60-$75 Prepayment Penalty NO NO NO NO NO Security Unsecured Unsecured Unsecured UCC Filing Secured by property