Energy Conservation Loan Program

Borrow Up to $25,000 for Energy Efficiency Improvements - Loan Terms Up to 10 Years
This income-restricted program offers below market interest rate terms for the purchase and installation of cost-saving energy efficient improvements for single or multi-family homes.


Financing at below market rates for single family and multi-family residential property owners

The Energy Conservation Loan Program (ECL) and the Multi-family Energy Conservation Loan Program (MEL) provide financing at below market rates to single family and multi-family residential property owners for the purchase and installation of energy saving improvements. The program is administered by the Connecticut Housing Investment Fund, Inc., (CHIF) with funding from the Connecticut Department of Housing (DOH).

Loan Amount and Term

Single family homeowners (1-4 units) may borrow up to $25,000 and multi-family property owners may borrow up to $3,500 per unit (a maximum of $100,000 per building per building) for a period of 10 years for eligible improvements.


Eligible Improvements

The following are some of the improvements eligible under the ECL/MEL programs:

  • Automatic set-back thermostats
  • Siding
  • Caulking and weather-stripping
  • Insulation
  • Heat pumps
  • Replacement heating systems
  • Replacement roofs
  • Replacement windows
  • Solar systems and passive solar additions

Visit for details.

Call 877-WISE-USE (877-947-3873) for more information. 

Energy Efficiency & Renewable Energy Tax Credits

Did you know you might be able to take advantage of federal income tax incentives for energy-efficient and renewable energy home improvements? Congress first passed the incentives in 2005 as part of the Energy Policy Act of 2005 and has amended them several times since then.

Current incentives expire December 31, 2016. The incentives fall into two categories. Be sure to review both to maximize your incentive.

  • Renewable energy sources like geothermal, solar, wind and others are covered under Residential Energy Efficient Property Credit (Part I). You may be able to take a credit of 30% of your qualified costs.
  • Energy efficiency improvements like insulation, windows, HVAC and more are covered under Nonbusiness Energy Property Credit (Part II). Credits for 10% of cost, up to $500 or a specific amount from $50-$300 may be available.

Helpful links:

ENERGY STAR® – See which products qualify, and for what incentive amount

IRS Tax Forms:

You should contact a tax professional with questions specific to your situation.

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