Now you can enjoy a whole home of energy efficiency. Upgrade your home’s efficiency & energy performance with a Smart-E Loan with no money down and flexible terms. Realize more savings and comfort when bundling multiple home energy improvements. The more you do, the more you save.
CT Green Bank – in partnership with Energize CT and participating local lenders and contractors – offers long-term, low-interest financing to help you upgrade your home’s energy performance with no money down.
Unsecured personal loan (no lien is placed on the property)
Fixed monthly payments
No pre-payment penalty
Loan Terms
5 years
7 years
10 years
12 years
Standard APR*
4.49%
4.99%
5.99%
6.99%
*15 and 20 year terms are available on standard rates. Lender participation varies.
Qualification is based on factors including, but not limited to, credit score and debt-to-income ratio (“DTI”). Note: all final underwriting decisions are made by the Smart-E lender.
Option 1: 580+ credit score, 50% DTI – from the following lenders:
Capital for Change
CorePlus Credit Union
Eastern CT Savings Bank
Mutual Security Credit Union
Nutmeg State Financial Credit Union
Option 2: 640+ credit score, 45% DTI – from the following lenders:
Find a Contractor to discuss your energy improvements.
If your contractor is not on the approved list, they should contact smarte@ctgreenbank.com to get started.
Using multiple contractors?
Select one to act as your general contractor. They will help facilitate this process for you.
Select your home energy upgrade.
Your contractor will work with you to be sure the improvements meet our eligibility requirements. Click here for eligible measures list.
Get pre-approved by a participating lender.
Apply directly with your selected lender before your contractor begins the project.
Project technical review Your contractor will submit the project scope of work to the CT Green Bank for confirmation that the equipment meets eligibility requirements.
Close your loan with your lender.
Your lender will reach out to schedule a loan closing once the project is approved.
Contractor payments Contractors are paid by the loan funds, so no out-of-pocket cost is required!
Choose from these local lenders covering all of Connecticut. Click below to learn more about each institution’s service area, rates and special offers. Apply today!