No-interest loans are available for home energy efficiency improvements through the Mass SaveHEAT Loan Program, a consortium of regional energy utilities and providers, the program provides the opportunity to make your way toward an energy efficient home. As a participating partner, we offer these no-interest loans on qualified energy efficient home improvements.
To get started, contact Mass Save at 866-527-7283 or go to their website www.masssave.com to schedule a Home Energy Assessment. After you schedule an appointment, an energy efficiency expert will assess your home’s current energy and provide a custom list of recommended ways to make energy saving changes in your home. During the visit, you will also receive a Home Loan Intake Form, Program Steps, and the Minimum Standards and Requirements.
After the Home Energy Assessment is complete, the next step is to contact Fall River Municipal CU at (508) 678-9028 for pre-approval. From here you can decide what changes to implement and develop your own custom energy plan.
Some improvements that qualify for the Mass SaveHEAT Loan include:
- Attic, Wall, and Basement Insulation
- High Efficiency Heating Systems
- High Efficiency Domestic Hot Water Systems
- Solar Hot Water Systems
- ENERGY STAR® Windows
- ENERGY STAR® Thermostats
- Central Air Conditioning and Heat Pump
Members must meet program eligibility requirements to participate. Eligibility for the HEAT Loan Program is based on completing a Home Energy Assessment and pre-approval. Some restrictions apply and offers are subject to change or cancellation. Financing is subject to credit approval. Additional terms and conditions apply. Visit MassSave.com/HEATLoan or call 1-866-527-SAVE (7283) for details and to learn more about the program.
*Estimated cost per $1,000.00 calculated on maximum term available. O % APR for 84 monthly payments of $11.91 per $1,000.00 borrowed. Loan terms are based on financed amount.