We hope 2015 has gotten off to a great start for you!
ECL and HES programs are still offering low-interest loans to finance energy efficiency projects. For a full list of eligible measures, financing requirements and interest rates for each of the programs please visit our website (www.chif.org). The HES 0.00% loan option (for up to $3,000.00 of eligible improvements) is now a permanent option rather than a special offer. Larger HES loans are available with interest rates as low as 2.99% for homeowners looking to install energy efficient equipment. We are adjusting the minimum credit score to qualify for HES as of 3/1/2015 to make this program available to more borrowers, and will forward the details of those changes next week. Our ECL program is income restricted (see limits on our website), but offers 0.00% financing for Energy Star rated heating systems to qualifying applicants. Online applications for both programs are available at www.chif.org.
As you are probably aware, all Northeast Utilities companies have changed their name to Eversource, effective 2/2/2015. Accordingly, you will be seeing updates to both our website and the program documents over the next few weeks that will reflect both this change and the 2015 updates to the efficiency requirements for eligible improvements. The updated rebate forms are already available on the EnergizeCT website-please make note of the increases in efficiency requirements for several items, including ductless heat pumps.
The HES Schedule A and Financing Term Sheet are attached to this email, and the full updated listing of eligible HES measures will follow shortly. As our other marketing materials are updated, those will also be made available to you.
A few other updates from CHIF:
1) We have increased our staffing levels in order to improve our turnaround times for loan approvals and closings. The fastest way to receive a response from our team is to email our lending mailbox: [email protected]. We do also have a CHIF lending phone extension and fax number-all messages are returned within 1 business day:
Phone: (860) 233-5165 x2002
Fax: (860) 233-3920
2) We are in the process of updating our Contractor files to ensure that all information is up to date. We will be in touch with you individually over the next few weeks to request what is needed to keep your company on our active approval list. In the meantime, if you have any changes to your insurance or payment information that we need to know about, please contact Lisa: [email protected].
As always, if you have any questions or require additional information on our financing programs, please do not hesitate to contact us.