Austin Energy - Home Energy Savings Loan Program

Austin Energy offers loans for residential customers interested in energy efficiency improvement projects through its Home Energy Savings Program. The program offers a financing program through Velocity Credit Union with interest rates beginning as low as 1.99%. To qualify for a rate between 1.99% and 3.99%, the upgrades must include at least three energy efficiency measures and meet the 15-point potential energy savings criteria; upgrades that do not meet the 15-point criteria will receive the market interest rate. Qualifying energy efficiency improvements for these loans are identical to the eligible products for the Home Energy Savings Rebate : Air infiltration and duct sealing Total external static pressure Duct replacement/insulation Duct system performance improvement Attic insulation to R38 Fan cover Solar screens/solar film on single pane windows External combustion air Insulated box for pull-down stairs Additional attic access Improve supply and/or return plenum Install eligible smart thermostat Supply grilles Return air grilles AC tune up Deep pleated media filters ENERGY STAR-rated heat pump water heater Central split AC Mini-split AC Heat pumps Heat pump mini-split systems All work must be done by a program-approved contractor. For loan pre-approval with Austin Energy's financing partner, Velocity Credit Union , customers can call (512) 469-7060, or toll free (800) 933-2029, or apply online.