Install a new heat pump and save!

Heat pumps provide year-round comfort, making your home warmer in the winter and cooler in the summer. High efficiency heat pump technology can reduce energy costs while cooling and heating your home.

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

  • • 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.

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

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.

  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.


Loan Term* 5 years 7 years 10 years
Maximum Rate (varies by lender) 2.99% 2.99% 2.99%


You’re eligible if your residence is:

  • 1-4 units (condominiums must be individually metered)
  • Owner-occupied
  • Your primary residence and located in Connecticut

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

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!


(860) 233-5165
(860) 886-0576
(860) 889-7381

(203) 729-4442

(800) 761-2400

(860) 513-5000

(203) 252-5913

Local: (860) 283-1874
Toll-Free: (855) 344-1874

(203) 830-4200