Smart-E loans

June 03, 2025

Summary

The Connecticut Green Bank administers the Smart-E Loan program which offers long-term, low-interest financing to CT homeowners looking to upgrade their home's energy performance. Loans are offered at no money down, fixed rates, and with no prepayment penalties for various energy efficiency upgrades and renewable energy systems. Smart-E Loans are offered in partnership with participating community banks and credit unions, and approved contractors.

To be eligible for the loan, the building must be 1-4 units, be owner occupied, and located in Connecticut.

For more information, including a list of eligible measures, participating lenders and approved contractors, visit the program website.

Program Overview

Implementing Sector:	Federal
Category:	Financial Incentive
State:	Connecticut
Incentive Type:	Loan Program
Web Site:	https://www.ctgreenbank.com/home-solutions/smart-e-loans/
Administrator:	CT Green Bank in partnership with Energize Connecticut
Start Date:
Eligible Renewable/Other Technologies:	Solar Water Heat Solar Photovoltaics Geothermal Heat Pumps Fuel Cells using Non-Renewable Fuels Water Heaters Lighting Furnaces Boilers Heat pumps Air conditioners Duct/Air sealing Building Insulation Windows Other EE Fuel Cells using Renewable Fuels Tankless Water Heater HVAC Lithium-ion Level-2 Electric Vehicle Service Equipment
Loan Term:	Loan term varies between 5 - 15 years
Interest Rate:	Fixed interest rate varies between 6.99% - 7.99%

Contact

Name:	Smart-E Loan Program
Organization:	CT Green Bank
Address:	845 Brook Street Rocky Hill CT 06067
Phone:	(860) 563-0015
Email:	smarte@ctgreenbank.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.