Programs & Projects
SD Home Energy Upgrade Loan Program
Now you may qualify to improve the energy efficiency and comfort of your home while lowering your monthly energy bills and reducing your carbon footprint -- without putting any money down! The City has partnered with San Diego Metropolitan Credit Union to offer attractive home energy upgrade loans at relatively low interest rates and long-term payback terms. The cost of a home energy audit can even be combined with your loan. The SD Home Energy Upgrade Loan Program funds upgrade projects that meet the qualifications for a rebate from either the Energy Upgrade California or CSI Thermal programs. To learn more, go to http://www.sdmcu.org/home/sdhomeenergyupgrade.
To get started:
Step 1: Contact a participating contractor about an energy upgrade for your home.
Step 2: Make sure you qualify for an energy efficiency loan.
Loan Highlights
- Supports home energy efficiency retrofit and solar hot water heating loans from $1,000-25,000
- Unsecured loan with no minimum equity requirement
- Interest rates from 4.99 to 9.99% depending on credit and length of payback
- Payback options as long as 8 to 15 years depending on loan size
- Borrowers with FICO as low as 620 are eligible
- Borrowers can apply online and often receive instant pre-approval