smart-e loan:
eligible home improvements
A Smart-E Loan can be used for any of the following home improvements. Find a Contractor to start planning your project and ensure it meets the technical standards specified below. Your contractor can determine if any home improvements are eligible for incentives. Once you have project quotes, reach out to a lender to start the application process.
Select a part of the home to explore eligible upgrades.
Heating & Cooling
- Air source heat pump
- Central air conditioning
- Ductless mini-split heat pump
- Ground source heat pump (geothermal)
- Hot water boiler (biomass, natural gas, oil, propane)
- Warm air furnace (biomass, natural gas, oil, propane)
Solar or Roofing
- Solar installation (includes solar shingles)
- FORTIFIED roof
- Roof repair (must be done in conjunction with a solar, FORTIFIED roof, attic, or wall insulation project)
Water Heating
- Heat pump water heater
- Indirect water heater - natural gas
- Natural gas storage or condensing water heater
- On-demand tankless water heater (natural gas / propane)
- Solar hot water heater
Battery Storage
- Battery storage
- Elevate or relocate service equipment
- Install electric subpanel for critical utilities on backup power
- EV charging stations
Health & Safety
- Asbestos abatement (including vermiculite)*
- Mold remediation*
- Knob and tube removal
- Lead abatement & lead water pipe replacement
- Repair leaking plumbing
Windows
- Replacement (ENERGY STAR (when possible), U-factor ≤0.27; not for unconditioned spaces)
- High impact glass
- Storm shutters
Floodproofing
- Basement windows
- Vents for foundation walls, garages
- Replace flooring and wall coverings
- Install sump pump, seals and locks
- Repoint deteriorated mortar in basement walls and around windows
- Install French drains
Septic Systems & Wells
- Repairs to or replacement of existing systems
- Connecting to public sewer or water
- Well repairs, relocation, over drilling, redrilling, pumps and other equipment
- Water treatment and filtration
Landscaping
- Replace impervious surfaces
- Plant native and/or shade trees (or remove dead trees)
- Tree removal (must be done in conjunction with a solar project)
Resilience
- FORTIFIED roofing
- Floodproofing
- Removal of dead trees
- Battery storage
- High impact glass windows or storm shutters
Other improvements can be part of a Smart-E loan must be done in conjunction with a stand-alone measure and is limited to 25% financing. These improvements include: structural remediation, unlisted repairs that are connected to other projects, Energy Star appliances (including heat pump dryers), and tree removal related to solar installations. A PDF with all the eligible improvements can be found here.