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:

	Smart-E Loan	EnergizeCT Heating Loan	HES Payment Plan (Micro Loan)	C4C Landlord Loan	Energy 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	$500.00	$3 000.00	$400.00
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

	Smart-E Loan	EnergizeCT Heating Loan	HES Payment Plan (Micro Loan)	C4C Landlord Loan	Energy Conservation Loan (ECL) Emergencies only
Insulation	X		X	X
Bioler/Furnace	X	X		X	X
Heat Pumps	X	X	Ductless only	X	X
Tankless Water Heater	X		NG only	X
Indirect Water Heater	X		NG only	X
Central Air Conditioning	X			X
Siding	Max 25% of loan
Roof Replacement	Max 25% of loan				X
Roof Repair t	Max 25% of loan
Windows	X		X	X
Doors	Max 25% of loan
Solar	X			X
Geothermal	X			X
Caulking/Weatherstripping	X		Max 20% of loan	X
Air Sealing/Duct Sealing	X		Max 20% of loan	Max 20% of loan
Secondary Heating Systems (non-electric)
Woodstoves
Electric vehicle charging station	Max 25% of loan
Tree Removal for Solar	Max 25% of loan
Remediation (Asbestos, Mold, Etc)	X		Max 20% of loan	Max 20% of loan

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