Home Loans

Financing for home energy efficiency improvements and upgrades is available on a state by state basis from our affiliates listed below. Click on any logo to contact Lantern Energy for more information about available financing options.

Financing Options Available in Your State



Connecticut Energy Efficiency Fund

The Connecicut Energy Efficiency Fund offers low interest rates for full term on loans. The application process is simple and 100% financing is given on qualified improvements. See below for different financing programs available.


Residential Energy Efficiency Financing Program 

Save Energy and Money by Improving Your Home's Energy Efficiency - Finance at 0% - 6.99% through the Connecticut Housing Investment Fund (CHIF):

Making your home more weather tight with improved insulation, windows, upgrading to ENERGY STAR®  heating and cooling systems, improving the efficiency of your hot water equipment - all of these improvements and more will assist you to reduce your energy consumption and can lower your utility bills.

CHIF can help you finance these improvements with low interest loans made possible through sponsorship by the Connecticut Energy Efficiency Fund in partnership with Eversource and the United Illuminating Company (UI), Yankee Gas Services Company, Southern Connecticut Gas Corporation, and Connecticut Natural Gas Company.

Loans may be for $1,000 to $25,000 and funding will be used for conducting qualified improvements/equipment replacements. Non-listed work directly related and necessary to the installation of the listed qualifying measures may be financed along with the qualifying measure at the applicable interest rate - (capped at 20% of the total loan amount).

Effective January 1, 2014 for United Illuminating customers only: United Illuminating will be limiting loans to either:  the 0% "Energy Efficiency Payment Plan" (up to $3,000) or the "Comprehensive Improvement" loan, which requires at least one "Type 1" improvement and at least one other eligible improvement to be financed (up to $25,000 total). These are both described below in detail.


Who is Eligible?

Eversource and UI Customers

Applicants must own a single or two-family home (includes condos and vacation homes); 3-4 family homes are eligible for this financing through participation in the Home Performance with Energy Star (HPwES) Program.

Applicants must participate in the Home Energy Solutions ℠ Program   (call Emily at 877-878-3006 ext 110 to arrange a HES assessment for your home) or participate in the Home Performance with Energy Star® (HPwES) program. (NOTE: This is NOT required for "All Other Projects" at 4.49% -6.99%)

Projects that are underway or completed will not qualify for financing. Please do not schedule your project until after you have received your loan documents from CHIF.

For more details on 2015 Residential Energy Efficiency Financing as well as Insulation Loan eligible measures and qualifying criteria see CHIF Measures & Criteria Table


Comprehensive Improvements/Equipment Replacement Qualifying as "Type 1"

Measures below are eligible for 0% or 2.99%; must install at least ONE "Type 1" measure, and at least TWO total eligible measures in order to qualify for $3,000 - $25,000 at 2.99%.

High Efficiency Insulation - Must conform to current Home Energy Solutions rebate requirements. 

ENERGY STAR® Ductless Heat Pumps - Must meet the EnergizeCT Ductless Heat Pump rebate criteria.

ENERGY STAR® Electric Heat Pump Water Heaters - Energy Factor (EF) 2.0 or greater

ENERGY STAR® Tankless Natural Gas Hot Water Heaters - 0.82 Energy Factor (EF) or greater.

Indirect/Combination Water Heaters attached to a natuarl gas ENERGY STAR® boiler - 90% (AFUE) or greater.

ENERGY STAR® Natural Gas Condensing Storage Tank - 95% Thermal Efficiency or greater.


All Other Improvements/Equipment Replacements ("Type 2" measures)

(4.49% for a 5 year term; 4.99% for a 7 year term; 5.99% for a 10 year term; 6.99% for a 12 year term if not combined with a "Type 1" measure)

ENERGY STAR® Central Air and Heat Pump Systems - New or replacement Central A/C, utilize Heating and Cooling System Rebates and complete HVAC pre-qualification checklist. Minimum rating of 14.5 SEER, 12 EER, 8.2 HSPF.ENERGY STAR® Natural Gas Furnaces and Boilers:

ENERGY STAR® Air to Air Heat Pump - New or replacement system - Minimum rating of 14.5 SEER, 12EER, 8.2 HSPF. Must complete HVAC pre-qualification checklist.

ENERGY STAR® Natural Gas Furnaces and Boilers:

  • Furnaces (CEE TierII): 95% AFUE with air handler performance level of 2% or lower; replacement of operating system. Must complete HVAC pre-qualification checklist.
  • Boilers 90% AFUE with temperature reset or purge control.

Windows - ENERGY STAR® replacement windows - must meet HES program eligibility and replacement criteria and is available only for the replacement of single pane windows.

ENERGY STAR® Natural Gas Hot Water Heaater: Natural Gas Storage Tank with a .67 Energy Factor or greater.

Geothermal Systems (must meet 2012 ENERGY STAR® criteria) - Home must meet current HES program guidelines.http://www.ctenergyinfo.com/hes

Oil/Propane Heating Equipment - Propane furnaces: 95% AFUE with air handler performance level EAE of 2% or lower.  Propane boilers: 90% AFUE with temperature reset or purge control. Oil furnaces and boilers must be ENERGY STAR® (86% AFUE).  Furnaces must have an air handling performance level EAE of 2% or lower.  Boilers must have temperature reset or purge control.


Smart-E Loan (Available to all Connecticut Residents)

Smart-E Loans offer long term, low interest financing through participating lenders to help Connecticut residents access affordable home energy improvements. Smart-E Loans are affordable, simple, and quick to access. No matter what your goals are, investing in these improvements today can result in cost savings, greater comfort and environmental benefits for you and your family.

Eligible Energy Improvements:

To learn more and apply visit energizect.com