Local Financing Programs
See our Policy Watch for periodic updates on PACE financing (including the Climate Smart Loan - Residential Program)
Low-Income Weatherization Program: Offered in partnership with local agencies and the U.S. Department of
Energy, this program gives Colorado’s low-income residents the
opportunity to access free and cost-effective energy-efficiency services
Energy Efficiency and Renewables for Boulder County and City and County of Denver Boulder County in collaboration with Elevations Credit Union and City
and County of Denver will be offering low interest energy efficiency and
renewable energy loans beginning spring/summer of 2012. These loans
can be made towards eligible energy efficiency and renewable energy
measures improvements to homes and businesses participating in the
EnergySmart or Denver Energy Challenge Programs. Check back for more information.
Homes built following green building standards may
also qualify for special "green" financing. Called an Energy Efficient
Mortgage (EEM), they can offer you more purchasing power.
The Colorado ENERGY STAR Mortgage (Bank of Colorado presentation download)
ENERGY STAR Explains several types of EEMs and provides links for additional information.
U.S. Department of Housing and Urban Development (HUD): Energy-Efficient Mortgage Program
The Energy-Efficient Mortgage Program is one of many Federal Housing
Authority programs that insure mortgage loans to encourage lenders to
make mortgage credit available to borrowers, such as first-time
homebuyers, who would not otherwise qualify for conventional loans on
Energy Ratings and Mortgages
Energy efficient homes may qualify for mortgages that take into account
a home's efficiency. Residential Energy Services Network (RESNET)
provides information on home energy rating systems, energy efficient
mortgages, and finding certified energy raters and lenders who know how to process energy efficiency mortgages.
Funding Opportunities Compiled by the Environmental Protection Agency
Financing an Energy-Efficient Home
This fact sheet from the Department of Energy features an overview of
energy-efficient financing programs from mortgages to home improvement
Refinancing for Energy-Efficiency Improvements An overview of refinancing to make energy efficiency improvements, from the Alliance to Save Energy.
Federal Housing Administration (FHA) Offers an Energy Efficient Mortgage (EEM) Home Owner Guide, which details the benefits and opportunities of this type of financing.
Consumer Incentives from the Tax Incentives Assistance Project
Private Financing Mechanisms
Many private Full Home Service Companies and Solar companies have
created their own financing programs. When you are choosing a contractor
keep this in mind but also be careful to explore the interest rates and
make an informed decision about the economic benefits of each financing