Heat pump technology is the solution for savings and comfort.
High efficiency heat pump technology can reduce energy costs while cooling and heating your home. Heat pumps provide year-round comfort, making your home cooler in the summer and warmer in the winter.
The Smart-E Loan offers low rates and flexible terms for the installation of a qualifying heat pump technology, including: ductless mini splits, air source heat pumps, heat pump hot water heaters, and geothermal/ground source heat pumps.
Limited-Time Heat Pump Technology Special Offer
- 2.99% financing
- 5, 7, and 10-year terms available
- Finance 100% of your qualified project costs
- Use up to 25% of the loan for related improvements like electric service upgrades and EnergyStar® appliances.
- Loan requires proof of home energy assessment within the last three years.
A heat pump is a super-efficient, economical, and environmentally-friendly way to heat and cool your home for year-round comfort. For more about air source heat pumps (ASHP), please read Northeast Energy Efficiency Partnerships’ ASHP Buying Guide. CT Green Bank – in partnership with Energize CT and select local lenders and contractors – offers long-term, low-interest financing to help you upgrade your home’s energy performance with no money down. CT Green Bank has partnered with Energize CT and lenders in your community to offer long-term, low-interest financing for your smart energy upgrade. You’re eligible if your residence is: The Heat Pump Special Offer requires completion of a home energy assessment within the last three years. Get started with an assessment below: For questions regarding the Smart-E Loan Program, contact Connecticut Green Bank at (860) 563-0015 or smarte@ctgreenbank.com. Find a Contractor to discuss your energy improvements. Using multiple contractors? Select your home energy upgrade. Get pre-approved by a participating lender. Close your loan with your lender.
Loan Term*
5 years
7 years
10 years
Maximum Rate (varies by lender)
2.99%
2.99%
2.99%
If your contractor is not on the approved list, they should contact smarte@ctgreenbank.com for Smart-E training.
Select one to act as your general contractor. They will help facilitate this process for you.
Your contractor will work with you to be sure the improvements meet our eligibility requirements. Click on the Smart-E Heat Pump Offer Terms tab above.
Apply directly with your selected lender before your contractor begins the project.
Your lender will reach out to schedule a loan closing once the project is approved.