New Hampshire Electric Co-op - Residential Energy Efficiency Loan

July 19, 2023

Summary

New Hampshire Electric Co-op offers On Bill Financing Loans to be used for eligible projects under the NHEC Home Performance with ENERGY STAR program for weatherization. This loan program can be combined with NHEC rebates under the same program. Loans are up to $4,000 at 0% interest for up to 48 months.

NHEC also offers loan subsidies as a part of their Residential Energy Efficiency Loan Buy down Program. These are to be used for eligible projects under the NHEC Home Performance with ENERGY STAR program for weatherization and for unrebated costs associated with the installation of High Efficiency Heat Pumps and Heat Pump Water Heaters. This loan program can be combined with NHEC rebates under the same program. Loans are up to $15,000 at 2% interest for up to 84 months.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	New Hampshire
Incentive Type:	Loan Program
Web Site:	http://www.nhec.com/home-energy-solutions/energy-efficiency-loans/
Administrator:
Start Date:
Eligible Renewable/Other Technologies:	Heat pumps Caulking/Weather-stripping Building Insulation Comprehensive Measures/Whole Building
Maximum Loan:	On Bill Financing Loan: Up to $4,000 3rd Party Loan Buy Down Program: Up to $15,000
Loan Term:	On Bill Financing Loan: Up to 48 months 3rd Party Loan Buy Down Program: Up to 84 months
Interest Rate:	On Bill Financing Loan: 0% 3rd Party Loan Buy down Program: 2%

Incentives

This program has 2 incentives

Technologies:	Caulking/Weather-stripping, Building Insulation, Comprehensive Measures/Whole Building
Sectors:	Residential
Parameters:	The incentive has a minimum of $4000.00

Technologies:	Heat pumps, Comprehensive Measures/Whole Building
Sectors:	Residential
Parameters:	The incentive has a minimum of $15000.00

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.