It's much easier to pay for new heating equipment or to make energy upgrades to your home if you can spread the payments over several years. Monthly loan payments are offset by lower energy bills. The money that you used to spend heating your home is now available to help meet your loan payments.

Here are a some low-cost financing programs:

Opportunities Credit Union (OCU)

Program:Heat Saver Loan
Projects:OCU offers low-cost home improvement loans for energy improvements such as furnaces, boilers, heat pumps, central pellet boilers plus energy upgrades such as adding insulation, fixing air leaks and replacing old windows. Fill out loan application.
More Information:Call (802) 865-8328


Program:Heat Saver Loan
Projects:This program offers flexibility in financing a variety of energy saving projects and purchases including solar projects, heating systems, doors, windows, and energy efficient appliances.
More Information:Call (802) 371-5146


Program:NeighborWorks Energy Loan
Projects:GMP customers can use on-bill repayment for low interest energy improvement loans from NeighborWorks of Western Vermont.
More Information:Call (802) 797-8106

New England Federal Credit Union (NEFCU)

Program:NEFCU Energy Smart Loan
Projects:NEFCU offers an energy improvement Smart Loan program with no money down so you can start saving right away.
More Information:Call (800) 400-8790

Pace Program

Program:PACE (Property Assessed Clean Energy)
Projects:PACE is a way of financing energy efficient home improvements by borrowing money and tying the payment to the property rather than the owner.  
More Information:Visit PACE overview website to see if your town is participating in the program.


For more information and a complete list of participating lenders, go to Efficiency Vermont.

Our Member Testimonials

  • Efficiency Success Story

    We've been Co-op members since 2012. In 2005 after using 1,823 gallon of heating oil and five cords of wood for heat and hot water we set out on a long-term effort to bring our energy use under control.

    Chuck & Gaye, Jericho, Vermont

    Services Provided:

    Boiler Installation & Replacement, Indirect Water Heaters, Price Protection FAQ, Space Heater Maintenance
  • Help Getting a Grant

    I would like to thank you for assisting me in getting a grant from the State of Vermont for a new tank, slab and roof ..... Your furnace man told me my tank would need to be replaced, and told me about this grant for low-income households .....

    Daria K., Milton, Vermont

    Services Provided:

    Furnace Installation & Replacement, Oil Tank Installation & Replacement, Capped Price Plans, Price Protection FAQ
  • Happy, grateful and warm

    I just have to send HUGE thanks and appreciation to Richie and Joe for the great pellet stove installation this morning. It was touch and go before they got here because we didn't know if we had all the components and no-one knew this type of stove.

    Diane R., Huntington, Vermont