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Last Updated July 21, 2022

Program Overview

Category:

Financial Incentive

State:

Colorado

Incentive Type:

Loan Program

Administrator:

Energy Smart Colorado

Start Date:

N/A

Expiration Date:

N/A

Web Site:

https://www.cocleanenergyfund.com/renu#homeowners

Applicable Sectors:

N/A

Eligible Renewable/Other Technologies:

N/A

Summary

The Colorado RENU Loan is a statewide residential loan program sponsored by the Colorado Clean Energy Fund in partnership with Colorado-based credit unions. It makes home energy upgrades easy and affordable by offering low-cost, long-term financing for energy efficiency and renewable energy improvements.

Loan Terms
  • Low, fixed interest rates starting at 2.74%
  • No money down; finance up to 100% of project cost
  • Loan terms up to 15 years (or 20 years for solar PV)
  • Loans up to $75,000
  • No prepayment penalties

Eligible improvements
  • Solar PV & solar thermal
  • Space heating & cooling
  • Battery storage
  • EV charging
  • Insulation & air sealing
  • Water heating
  • Windows & doors
  • Check here for a full list of eligible improvements