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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.
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%.
| Purpose | Annual Percentage Rate (APR) | APR: 2,500 Co-op Points | Limit | Maximum Term |
|---|---|---|---|---|
| Home Heating | 3.90% | 3.65% | $3,000 | 12 Months |
| Other Improvements | 3.90% | 3.65% | $3,000 | 24 Months |
Payment example: 3.90% for 24 months equals $43.38 per $1,000 borrowed.
Financial Knowledge:
Disclosures and additional details
| The current prime rate is: 7.00%. Rates effective as of October 5, 2026. Rates subject to change at any time. |
Disclosures
• Maximum term for home heating is 12 months, unless a Secondary Share Account has been established to pay for the following years heating expenses.
• Total amount of all unsecured loans and lines of credit may not exceed $50,000 per member.
• Payment example: 3.90% for 24 months equals $43.38 per $1,000 borrowed.
Details
The Energy and Fuel Conservation Loan provides low-rate financing to help with your utility bills and virtually any energy-saving purchase, including:
• Pre-paid oil
• Wood or wood pellets
• Wood or wood pellet stoves
• Appliances, furnaces, and hot water heaters that are Energy Star-certified (energystar.gov)
• Pre-paid bus or other public transportation passes
• Fuel-efficient alternative transportation devices such as bicycles, mopeds, and scooters
• Low-cost home improvements such as weather-stripping, storm doors, or insulation
You can even lower your Energy Loan rate by 1% if you set-up an automatically funded Secondary Share Account at the same time to save for next winter!
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