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Energy & Fuel Conservation Loans
Going green? We’ll finance virtually any energy-saving purchase or improvement you make to your home.
Efficiency, financed.
From updating your appliances to use less energy, to insulating your home to keep the energy you're producing in. We want to help you make sustainable decisions.
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The Energy & Fuel Conservation Loan can be used for:
- Home heating expenses such as oil bills (including pre-paid plans), propane/natural gas, wood/wood pellets, coal, etc.
- Pre-paid gas cards, bus cards, and other public transportations passes.
- ENERGY STAR rated appliances (including furnaces).
- Energy-saving home improvements (insulation, weather-stripping, hot water heaters, windows, etc.).
Lower Your Rate Even More With Co-op Points
That's right. With 2,500 Co-op Points, you can reduce your Energy & Fuel Conservation Loan rate by 0.25%. Do you have 5,000 Points? You can reduce that rate by up to 0.50%!
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| Purpose | Annual Percentage Rate (APR) | APR: 2,500 Co-op Points | APR: 5,000 Co-op Points | Limit | Maximum Term |
|---|---|---|---|---|---|
| Home Heating | 3.90% | 3.65% | 3.40% | $3,000 | 12 Months |
| Other Improvements | 3.90% | 3.65% | 3.40% | $3,000 | 24 Months |
Payment example: 3.90% for 24 months equals $43.38 per $1,000 borrowed.
Ready to apply?
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For disclosures and additional details, visit here.