Energy Improvement Loan
Several options to save you money and energy.
From roofing to bicycles
Use this versatile loan to finance a range of energy-saving projects and purchases including community solar, roofing, weatherization, home energy upgrades, heating and cooling systems, bicycles, and more.
Benefits
Flexibility
Discounted rates, terms up to 20 years, and a wide variety of uses mean we can tailor the loan to your specific needs and goals.
Potential savings
Save on your monthly utility bills and transportation expenses over time.
Green investment
Reducing your impact on the environment while saving money? That’s what we call a win-win.
Current rates
Loan Name | Term | Minimum Loan Amount | Maximum Loan Amount | APR as low as |
|---|---|---|---|---|
| Rates effective 04/04/2026 | ||||
APR = annual percentage rate and reflects the current minimum APR offered. Other rates and terms may be available. APR may be adjusted based on your individual credit standing and term. | ||||
Loan Name Energy Improvement Loan3 | Term 60 months (5 years) | Minimum Loan Amount $300 | Maximum Loan Amount $60,000 | APR as low as |
Loan Name | Term 120 months (10 years) | Minimum Loan Amount $300 | Maximum Loan Amount $60,000 | APR as low as |
Loan Name | Term 180 months (15 years) | Minimum Loan Amount $300 | Maximum Loan Amount $60,000 | APR as low as |
Loan Name 20-year Energy Improvement Loan4 | Term 240 months (20-year) | Minimum Loan Amount $20,000 | Maximum Loan Amount $60,000 | APR as low as |
Estimate your monthly payment
Select the loan type then enter the amount you wish to borrow and preferred loan term to determine your estimated monthly payment and interest rate.
Calculated payments shown are for estimation purposes only. Actual loan payment amount and interest rate will be disclosed at loan closing and may differ slightly.
Considering an electric bicycle?
Get a free e-bike consultation with LocalMotion or see if your local library can lend you one for a spin. Once you’ve made a decision, you may be able to take advantage of e-bike rebates from many Vermont utilities and have even lower payments on your Energy Improvement Loan.
Apply for an Energy Improvement Loan
If you have any questions, call 802.871.3471 to speak with one of our specialists.
Disclosures
- 3.
Payment example: A $20,000 loan for 120 months at 7.50% APR will have a monthly payment of $237.49.
- 4.
Payment example: A $20,000 loan for 240 months at 9.75% APR will have a monthly payment of $189.83.