HEAT Loan
Mass Save® HEAT Loan Program
0% interest loans are available for home energy efficiency improvements through the Mass Save® HEAT Loan Program. As a participating lender, we offer these 0% interest loans on qualifying improvements, including:
- Weatherization
- Pre-weatherization barriers
- ENERGY STAR certified replacement windows*
- Residential batteries enrolled in ConnectedSolutions
- Heat pump projects
- Heat pump water heaters
To Get Started
1. Confirm Eligibility
View the eligible requirements below.
- The HEAT Loan is available to qualified customers participating in the Mass Save Program
- Loan applicant must be the homeowner
- Residents must have a current residential electric or gas account with Berkshire Gas, Cape Light Compact, Eversource, Liberty Utilities, National Grid, or Unitil
- Municipal electric customers can take advantage of the HEAT Loan offer if their home is heated with natural gas, provided by a Mass Save Sponsor
- Financing is only available for qualifying energy-efficient improvements outlined within the HEAT Loan Guide
- Financing is contingent upon loan approval from MPCU.
2. Complete a no-cost Home Energy Assessment
Certain measures require completing Home Energy Assessment (HEA) through Mass Save to understand your home’s existing condition and identify any requirements that need to be addressed first. A HEA is mandatory if you plan to pursue any of the following:
- Whole Home Heat Pump
- Partial Home Heat Pump (when pursuing bonus incentives)
- Windows
- Weatherization
- Weatherization Barriers
3. Find a Participating Contractor
Choose a participating contractor for your energy efficiency project. Make sure to get a signed proposal from the contractor on their official letterhead. We recommend getting multiple quotes from licensed and insured contractors before making your choice.
4. Complete Your Loan Application
Submit your application online. You will need to include your signed contractor proposal and any additional required documentation. If your project meets the eligibility requirements, you will receive an Authorization Form. Customers in North Attleboro, submit your application here.
5. Complete a Verification Inspection
Call 866-527-SAVE (7283) for details on completing this required verification.
6. Secure Your Loan
Submit your completed Authorization Form to MPCU. If approved, MPCU will provide you with a two-party check made payable to you and your contractor.
7. Complete Upgrades & Apply for Rebate
Once your energy efficiency project is complete, you can pay your contractor by signing over the bank check from MPCU. Visit MassSave.com/savings to apply for any available rebates.
Ready to apply for a loan? Let’s get started!
Apply for a 0% interest loan to help you make qualified energy efficient home improvements with the Mass Save® HEAT Loan program. You could qualify for a loan up to $25,000 with terms up to 7 years.
To learn more, contact Members Plus Credit Union at 781-905-1500 and ask to speak to Loan Services or send us an email!
*Must be in conjunction with completed weatherization recommendations.
Note: The maximum loan amount is over the lifetime of a customer’s energy efficiency upgrades. Eligible energy efficiency measures can be financed until the maximum loan amount is reached.
Customers must meet program eligibility requirements to participate. Eligibility for the HEAT Loan Program is based on completing a Home Energy Assessment and pre-approval. Some restrictions apply and offers are subject to change or cancellation. Financing is subject to credit approval. Additional terms and conditions apply. Visit MassSave.com/HEATLoan or call 1-866-527-SAVE (7283) for details and to learn more about the program.