| Implementing Sector | Utility |
|---|---|
| Category | Financial Incentive |
| State | Massachusetts |
| Incentive Type | Loan Program |
| Web Site | MassSAVE Heat Loan Program |
| Administrator | MassSAVE |
| Funding Source | Participating utilities, U.S. Department of Energy grant (expanded HEAT offerings) |
| Utilities | Massachusetts Electric Co, Western Massachusetts Elec Co, Unitil Energy Systems, Inc. |
| Cities | Framingham, Acton, Ashland, Bedford, Carlisle, Holliston, Hopkinton, Maynard, Natick, Sherborn, Lincoln, Sudbury, Wayland, Woburn, Burlington, Winchester, Bellingham, Canton, Dedham, Dover, Marshfield, Medway, Millis, Norfolk, Scituate, Sharon, Walpole, Boston, Mattapan, Charlestown, Jamaica Plain, Roslindale, West Roxbury, Allston, Brighton, Hyde Park, Readville, Cambridge, Somerville, Chelsea, Stoneham, Milton, East Boston, Carver, Duxbury, Middleboro, Lakeville, Pembroke, Plymouth, Kingston, Plympton, Lexington, Brookline, Waltham, Newton, Newton Center, Newtonville, Newton Highlands, Newton Lower Falls, Newton Upper Falls, West Newton, Auburndale, Chestnut Hill, Waban, Watertown, Arlington, Needham, Chilmark, Edgartown, Falmouth, Oak Bluffs, Sagamore, Sandwich, Wareham, West Tisbury, Hyannis, Barnstable, Brewster, Chatham, Dennis, Eastham, Harwich, Mashpee, Orleans, Provincetown, Truro, Wellfleet, Yarmouth Port, Assonet, Dartmouth, Fairhaven, Marion, Mattapoisett, New Bedford, Acushnet, Rochester |
| Eligible Renewable/Other Technologies | Solar Water Heat, Biomass, Geothermal Heat Pumps |
| Eligible Efficiency Technologies | Water Heaters, Furnaces, Boilers, Heat pumps, Duct/Air sealing, Building Insulation, Windows, Other EE, Tankless Water Heater |
| Applicable Sectors | Residential, Multifamily Residential |
| Maximum Loan | $25,000 |
| Loan Term | Up to 7 years |
| Interest Rate | 0% |
Residential customers of Cape Light Compact, National Grid, Eversource, Unitil, and municipal electric customers served by Columbia Gas of Massachusetts or Liberty Utilities may be eligible for zero-interest financing to help increase the energy efficiency of their homes homes through the Mass Save HEAT Loan Program. This financing is available to all residential customers who own and reside in a one to four family residence, obtain a Home Energy Assessment through the Mass Save Program, and install the recommended energy efficiency improvements.
The loans are available up to $25,000 (depending on utility) with terms up to seven years. Energy efficiency improvements eligible for the HEAT Loan include:
Customers must first complete a free Home Energy Assessment to find out which improvements will be eligible for HEAT loan program financing and to receive program paperwork. Customers may call Mass Save at (866) 527-7283 to schedule an assessment.
