The Energize Connecticut Heating Loan program will finance new boilers, furnaces and heat pumps that meet federal efficiency standards as the state's natural gas utilities are launching an unprecedented pipeline build-out to add hundreds of thousands of new customers.
The utilities hope that the program's offer of up to
"This program provides attractive financing options that can help make equipment upgrades easier so customers can better manage their heating costs," said
To qualify, residential customers must be current for the last six months of their electric utility bills. Payments on the loans are made on customers' existing electric bills.
"Homeowners are eager to make energy-efficient improvements but in many cases the up-front investment in new equipment can be a challenge," said
"With this new program, we are helping eliminate that hurdle, allowing families to invest now and save money long term," he said.
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