| By Kayla in Energy Action Alerts | Program Updates - Feb 06, 2012
Insulate your Home with NO OUT-OF-POCKET COSTS!
Limited Time: 0% Interest Insulation Loan Program!
Great news! You are among the first in the state to learn that as of February 1st, you can insulate your home without out-of-pocket costs! Electric, natural gas AND oil or propane heated homes are eligible for a 0% loan from $1,000 to $2,500 from February 1 to June 30, 2012. You can pay back the loan right on your CL&P electricity bill for a term of up to 36 months. Unlike most loan programs, there is no credit check or income test! You just have to have completed a Home Energy Solutions (HES) assessment at any point and paid your electric bill on time.
Applicants may not have any 60-day late payments on their CL&P electric bill for the prior 12 months. If you do, then standard Residential Financing underwriting is required. An electronic application for this loan is available online here.
Not sure how to get started? Contact our staff at energyadvisor@ctenergychallenge.com or 860-372-4406 and we can answer questions and help connect you with a qualified contractor.
For a full list of state programs and incentives, visit our online resource center.