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:

Rate

• 2.99%
   
  --- 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

QUALIFYING TECHNOLOGIES:

• 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).

Eligibility

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.

Loan Terms

Eversource electric customers may elect to have loan payments added to their monthly electric bill
$500 to $40,000 loan amount.
Rate/Term options:
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