Connecticut Home Efficiency Loan Program.

Connecticut Home Efficiency Loan Program.

The Connecticut Energy Efficiency Fund is offering financing to Connecticut Light and Power and United Illuminating customers who own and occupy a single family, duplex or vacation home. You can borrow between $2,500 to $20,000 for qualifying improvements provided by an approved contractor.  This program ties in with the Connecticut Energy Efficiency Fund's Home Energy Solution Program. Visit my previous blog on that at ....  http://activerain.com/blogsview/1748903/connecticut-home-energy-solutions-ct-hes-program-

          This program is designed to encourage comprehensive retrofits, which means reducing heat loss through measures like air sealing, insulation and sealing air ducts, as well as upgrading heating and cooling systems.  If you undertake a comprehensive project you can get 0% interest for loans between $7000 and $20,000 or 2.99% for loans between $2500 and $6999.

If you do single measures, like insulation, hot water heating, air sealing, duct sealing or replace heating and cooling equipment, the interest rate is 2.99% for loans between $2,500 to $20,000

To get started you need to:-

1.   Have a Home Energy Solutions in-home assessment performed which will help you determine which additional measures you need and also provide rebates for insulation and appliances. The co-pay is just $75 for all CL&P customers and $75 for UI customers heating with electricity or natural gas.  UI customers heating with oil or propane currently have to pay $300.  Visit website for full details and information     http://www.ctenergyinfo.com/dpuc_home_energy_solutions.htm  
2. Or call Call 1-877-WISE-USE
3. Visit the Connecticut Energy Efficiency Fund website for further details on upgrades & loans, step to take, qualifications & applications.               http://www.ctenergyloan.com/

 The Connecticut Energy Efficiency Fund is not a "state administered" program. The HES program is administered by utility companies, and Connecticut's Energy Efficiency programs are funded by a charge on customers of CL&P and UI electric bills. There are only 18 approved vendors who can do the HES program in CL&P territories.

David Popoff is a license Realtor in Connecticut with William Raveis and is also a LEED GA accredited and member of USGBC & CTGBC. For your real estate needs in Darien, New Canaan, Rowayton and other parts of Connecticut please contact him at http://www.davidpopoffct.com/