| Implementing Sector | Utility |
|---|---|
| Category | Financial Incentive |
| State | Massachusetts |
| Incentive Type | Loan Program |
| Web Site | Holyoke City of Loan Program |
| Administrator | Customer Service |
| Utilities | Holyoke City of |
| Eligible Renewable/Other Technologies | Solar Water Heat, Solar Photovoltaics |
| Eligible Efficiency Technologies | Water Heaters, Furnaces, Boilers, Heat pumps, Air conditioners, Programmable Thermostats, Duct/Air sealing, Building Insulation, Windows, Doors, Insulation |
| Eligible Storage Technologies | Lithium-ion |
| Eligible Electric Vehicle Technologies | Level-2 Electric Vehicle Service Equipment |
| Applicable Sectors | Residential, Multifamily Residential, Low Income Residential |
| Maximum Loan |
|
| Loan Term |
|
| Interest Rate | 0% |
HG&E’s Residential Energy Conservation Program (RECP) provides financial assistance at 0% interest for the implementation of qualifying energy efficiency and electrification projects. Financial assistance is repayable over a period of up to five years and repayment charges are conveniently placed on your HG&E monthly bill. Note: A one-time processing fee of $100 applies.
Please review the step-by-step application process as well as the project-specific requirements (both located on this webpage below) before you submit your application. If you have any questions, please contact efficiency@hged.com or 413-536-9382.
The program covers the following home improvements: central air conditioning, gas fired warm air furnaces, gas fired steam boilers, gas fired hot water boilers, electric hot water heaters, gas storage water heaters, gas fired instantaneous hot water heaters, gas conversion burners, indirect water heaters (attached to a gas fired boiler), attic insulation, wall insulation, floor insulation, basement insulation, heating and hot water piping insulation, rim joist insulation, replacement windows and doors, programmable and/or Wi-Fi thermostats, mini-split/ducted air-source heat pumps, solar photovoltaics, and solar hot water heaters. Homeowners installing insulation, replacement windows, replacement skylights, or an indirect water heater must have a free home energy audit performed before application submission. All equipment must meet certain energy efficiency standards that are listed on the application.
