Mass Save® Heat Loan
Offered in partnership with Mass Save, a consortium of regional energy utilities and providers, the program provides the opportunity to make your way toward an energy efficient home.
Interested in energy efficiency? You’ll get zero percent interest from us!
Through Alpha CU, you can obtain a 0% APR* loan to assist with the installation of qualified energy efficient home improvements. To get started, contact Mass Save at 866-527-7283 or go to their website www.masssave.org to schedule a Home Energy Assessment. After you schedule an appointment, an energy efficiency expert will assess your home’s current energy and provide a custom list of recommended ways to make energy saving changes in your home. During the visit, you will also receive a Home Loan Intake Form, Program Steps, and the Minimum Standards and Requirements.
After the Home Energy Assessment is complete, the next step is to contact Alpha CU at 617-632-8164 for pre-approval. From here you can decide what changes to implement and develop your own custom energy plan.
Some improvements that qualify for the Mass Save Heat Loan include:
- Weatherization
- Pre-weatherization barriers
- ENERGY STAR certified replacement windows**
- Residential batteries enrolled in ConnectedSolutions
- Heat pump projects
- Heat pump water heaters
*APR-Annual Percentage Rate
**Must be in conjunction with completed weatherization recommendations.
Note: The maximum loan amount is over the lifetime of a customer’s energy efficiency upgrades. Eligible energy efficiency measures can be financed until the maximum loan amount is reached.