Tree Removal for Solar
Energy Star Appliances
Electric vehicle charging
Air / Duct Sealing
Heating LoanHES Payment Plan
(Micro Loan)C4C Landlord Loan
Interest Rate 4.49% - 6.99% 0.99% 0% 4.49% - 6.99% Repayment Plan 5-12 years 3-10 years 3 years 5-12 years Payments may be added to electric bill Eversource Only Required Required Eversource Only Eversource / UI Electric Customers Only NO YES YES NO Underwriting Basis Credit Report Utility History Utility History Credit Report Minimum FICO 580 N/A N/A 660 Debt to Income Ratio Maximum*waived for higher credit scores 50%* N/A N/A 50%* Minimum Loan Amount $500.00 $1 350.00 $500.00 $3 000.00 Maximum Loan Amount $40 000.00 $15 000.00 $3 000.00 $40 000.00 Owner-Occupancy Required YES NO NO NO CT Residency Required YES NO NO NO Income Limit Applies NO NO NO NO Eligible Improvements See Table Heating System See Table See Table HES Assessment Required NO NO YES NO Downpayment Required NO YES NO NO Fees NO NO NO UCC Fee $50 Prepayment Penalty NO NO NO NO Security Unsecured Unsecured Unsecured UCC Filing
Summer Special Offer. As we approach the summer season, we are excited to announce a new limited-time interest rate buy-down campaign for the Smart-E Loan focused on battery storage, electric vehicle charging equipment, and heat pumps – the Summer Special Offer! Please see below for details:
--- OR ---
- 1.99% for qualified borrowers who are at or below 100% State Median Income (“SMI”) based on household size per the U.S. Department of Health and Human Services – please see table.
Term: 5, 7 and 10 years
Launch Date: Friday, July 1, 2022
- Battery storage
- Electric vehicle charging equipment
Level 1 and Level 2 chargers
- Heat Pumps (will require an energy assessment)
Air Source Heat Pumps (ducted and ductless)
Ground Source Heat Pumps
Heat Pump Water Heaters
Save energy and money by improving your home's energy efficiency with financing from 4.49% to 6.99%
Make your home more weathertight with improved insulation and windows. Upgrade to ENERGY STAR® heating and cooling systems. Improve the efficiency of your hot-water equipment. All these improvements and more will help you reduce your energy consumption and can lower your utility bills. C4C can help you with low-interest loans made possible through a partnership with the Connecticut Green Bank..
Loans may be for $500 to $40,000 and funding will be used for conducting qualified improvements/equipment replacements. Non-listed work directly related and necessary to the installation of the listed qualifying measures may be financed along with the qualifying measure at the applicable interest rate (capped at 25% of the total loan amount).
Applicants must own and occupy* a single or 2-4 family home (includes condos, mobile homes, and vacation homes) in the State of Connecticut.
Minimum 580 credit score (Minimum 640 credit score for loan amounts greater than $25,000).
Projects that are underway or completed will not qualify for financing. Please do not schedule your project until after you have received your loan documents from C4C.
*If you do not occupy the property, please contact C4C regarding our alternate loan option.
Eversource electric customers may elect to have loan payments added to their monthly electric bill
$500 to $40,000 loan amount.
4.49% for 5 years
4.99% for 7 years
5.99% for 10 years (Minimum loan size $5,000)
6.99% for 12 years (Minimum loan size $5,000))
All work must be completed by a C4C Participating Contractor
High Efficiency Insulation
High Efficiency Boiler/Furnace
Central Air Conditioning
Ductless Mini-Split Heat Pump
Air Source/Ground Source Heat Pump
Heat Pump Water Heater
Indirect Water Heater (Natural Gas only)
On-Demand Tankless Water Heater (Natural Gas/Propane only)
Solar PV System
Solar Hot Water System
Electric Vehicle Recharging Station
Natural Gas Vehicle Refueling Station
ENERGY STAR® appliances
Tree Removal for Solar Installation