Special Offer: Heat Pump Financing

Install a new heat pump and save!

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.

This special 0.99% rate is available for a limited time, for 5, 7, or 10 year loan terms. The offer is valid for the installation of qualifying heat pump technology including: ductless mini splits, air source heat pumps, heat pump hot water heaters, and geothermal/ground source heat pumps.

Customers must apply for the Smart-E Loan with a participating lender by November 30th. Loans must close by December 31st. 

Applying is as easy as child’s play, so don’t miss out on this opportunity to save!

  1. Find a Contractor to discuss your energy improvements.
    If your contractor is not on the approved list, they should contact [email protected] for Smart-E training.

    Using multiple contractors?
    Select one to act as your general contractor. They will help facilitate this process for you.

  2. Select your home energy upgrade.
    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 below.

  3. Get pre-approved by a participating lender.
    Apply directly with your selected lender before your contractor begins the project.

  4. Close your loan with your lender.
    Your lender will reach out to schedule a loan closing once the project is approved.

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.

To learn more about what equipment qualifies, Click here.

Loan Term 5 years 7 years 10 years
Maximum Rate (varies by lender) 0.99% 0.99% 0.99%

Customers must apply for the Smart-E Loan with a participating lender by November 30th. Loans must close by December 31st. 

You’re eligible if your residence is:

  • 1-4 units (condominiums must be individually metered)
  • Owner-occupied
  • Your primary residence and located in Connecticut
  • Mobile homes not eligible for Solar PV, Solar Hot Water and Geothermal.

For questions regarding the Smart-E Loan Program, contact Connecticut Green Bank at (860) 563-0015 or [email protected].