Heat Saver Loans are a finance product available to help Vermonters improve the energy efficiency of their homes. The loans offer attractive financing for homeowners looking to overcome up-front expenses to upgrade energy equipment and save money. Current interest rates range from 0% to 4.99%, based on an applicant's household income and loan terms.
The Heat Saver Loans are the result of a partnership between the Vermont Public Service Department (including the Clean Energy Development Fund) and the Vermont Low Income Trust for Electricity (VLITE) along with the Efficiency Excellence Network and Efficiency Vermont under the Thermal Energy Finance Pilot Program announced in February 2014. The program has been extended until August 2017.
For more information, visit the Heat Saver Loan website: www.HeatSaverLoan.com
The Heat Saver Loan is the featured product developed during the Thermal Energy Finance Pilot program, coordinated by PSD. Click here to read the report on the pilot program.