Ultra Geothermal in Barrington, New Hampshire

Financing Geothermal Systems

Massachusetts Rebates and Financing Options for Energy Efficient Home Improvements

Massachusetts Clean Energy Center

Massachusetts Clean Energy Center

Incentives are available to Massachusetts residential customers who install ground-source heat pumps.

Mass Save Energy Saving Programs

Mass Save Heat Loan Program

Massachusetts customers: find out if you are eligible for Early Heating Equipment Rebates by replacing your boiler or furnace.

Financing for Massachusetts customers

Apply for 0% loans to help you make qualified energy efficient home improvements with the Mass Save HEAT Loan program. You could qualify for loans up to $25,000 with terms up to 7 years, depending on the utility and the loan provider.

Maine Savings and Loan Programs for Energy Upgrades
Maine Customers: Efficiency Maine

Home Energy Savings Program in Maine

Efficiency Maine offers incentives up to $3,000 for geothermal systems (also called ground source heat, ground source heat pumps, or geothermal heat pumps) through the Home Energy Savings Program.

Financing Solutions for Mainers

Efficiency Maine

Efficiency Maine offers a variety of energy loans to help you pay for energy upgrades. All loans are low-interest, long-term loans with no fees. The application process is simple and quick. Often, annual energy savings exceed the cost of monthly loan payments in the very first year.

  • Efficiency Maine ENERGY LOANS are available statewide providing very quick closing and unsecured loans up to $15,000 over a 10 year term.
  • PACE loans are available in more than 173 municipalities and provide up to $15,000 over 15 years at 4.99% APR on any residential property with 1 to 4 living units.
  • HUD PowerSaver loans are available statewide but only for free standing single family homes. Borrow up to $25,000 at 4.99% APR for a 15 year term.

Home Equity Line of Credit

Rates on HELOCs typically have low interest introductory periods and the interest is tax deductible, which lowers the effective interest rate. Check with your local bank for applicable rates.

Government Tax Credit and Loan Options

Financing for Ultra Geothermal heating and cooling systems is available through several avenues including government subsidized and traditional loans. There is also a 30% government tax credit (form 5695) available for geothermal installations. For more information on this contact our office.

Admirals Bank

Don Fasulo
Account Manager
Consumer Loan Originations
NMLS ID # 774603

15 Park Row West
Providence, RI 02903
Phone 401-248-7381 | Fax 401-223-6471

FHA Title I Home Improvement Loan Information by Admirals Bank (PDF)

Plus I Term Loan Information by Admirals Bank (PDF)

Apply Now: http://admiralsbank.com/dfasulo

New Hampshire Incentives and Rebates for Energy Efficiency

New Hampshire Electric Cooperative

NH Electric Cooperative

Geothermal Heat Pumps Incentives of 35% of installed cost up to $10,000, which includes all mechanical and distribution equipment as well as Geothermal well drilling and upgrades.

NH Saves

Rebates on heating and water heaters for New Hampshire customers

NH Saves

Installing energy efficient heating and/or water heating equipment can save you money, improve the comfort of your home, and contribute to a cleaner environment. NHSaves provides incentives for high efficiency heating and water heating equipment, regardless of fuel type.

Energy Star Loans

Energy Star

The Maine, Massachusetts and New Hampshire Housing Authorities all offer loans for homeowners who improve their residences with Energy Star approved heating and cooling systems. These loans carry interest rates that are typically less than any private source of funding.

FHA 203K Loans: Renovation Ready Program

This is a government insured loan that can be offered for up to 97% lending value of the improved home value. This is done by taking the existing home value and adding the improvement value. After successful completion of the improvements and an inspection the loan disbursements are made.

203(k) Rehabilitation Mortgage Insurance

Dan Marrs
Envoy Mortgage
488 Central Ave, Dover, NH 03820

Renewable Energy Lending

Steven Breault

Home Loan Investment Bank
FHA Title 1 Home Improvement Loans

Home Loan Investment Bank is proud to offer customers the FHA Title I Home Improvement Loan. This flexible and affordable product gives homeowners the opportunity to finance home improvements and repairs.

Title 1 Home Improvement Lending Information (PDF)

Title 1 Home Improvement Loan Application (PDF)

Citizens Bank

Michael J. Hunkins
NMLS# 168752
Producing Sales Manager AVP
Home Mortgage

Email: Michael.Hunkins@Citizensbank.com
Phone: 603-817-1526

Citizens Bank
134 Pleasant Street
Portsmouth, NH 03801

Apply Here: www.citizenslo.com/mhunkins
and then click "Act Now"

Utility Supply Pricing

See Current Electric Rates

Energy-efficient homes

The Green Dream Home

It is possible to build a sustainable, energy-efficient home within the same budget parameters as building an everyday conventional home. This home was built to National Green Building Standards.

View the Emerald HomeRenewable energy solutions

The Green Alliance

The Green Alliance offers savings on eco-friendly products and sustainable services
  • More than 100 local organizations of superior quality and reputation
  • Help make our communities more sustainable
  • Huge savings on products and services that align with YOUR values

Join the Green Alliance Learn more

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