Colorado Residential Energy Upgrade (RENU) Loan program

July 21, 2022

Summary

The Colorado RENU Loan is a statewide residential loan program sponsored by the Colorado Clean Energy Fund in partnership with Colorado-based credit unions. It makes home energy upgrades easy and affordable by offering low-cost, long-term financing for energy efficiency and renewable energy improvements.

Loan Terms

Low, fixed interest rates starting at 2.74%
No money down; finance up to 100% of project cost
Loan terms up to 15 years (or 20 years for solar PV)
Loans up to $75,000
No prepayment penalties

Eligible improvements

Solar PV & solar thermal
Space heating & cooling
Battery storage
EV charging
Insulation & air sealing
Water heating
Windows & doors
Check here for a full list of eligible improvements

Program Overview

Implementing Sector:	Local
Category:	Financial Incentive
State:	Colorado
Incentive Type:	Loan Program
Web Site:	https://www.cocleanenergyfund.com/renu#homeowners
Administrator:	Energy Smart Colorado
Start Date:
Eligible Renewable/Other Technologies:	Solar Photovoltaics Geothermal Heat Pumps Clothes Washers Dishwasher Refrigerators/Freezers Water Heaters Furnaces Boilers Heat pumps Air conditioners Programmable Thermostats Duct/Air sealing Windows Doors Insulation Pool Pumps LED Lighting Tankless Water Heater
Maximum Loan:	$75,000
Loan Term:	up to 15 years (or 20 years for solar PV)
Interest Rate:	Fixed interest rates starting at 2.74%

Contact

Name:	Colorado Clean Energy Fund
Address:	CO
Phone:	(970) 275-8482
Email:	info@cocleanenergyfund.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.