Austin Energy: Residential Energy Efficiency Loan Program
Loans for heat pumps, air conditioners, furnaces, weatherstripping, duct/air sealing and building insulation. Loans also available for solar hot water heaters and solar PV systems.
Learn more about this energy rebate or
find a contractor
who knows about this rebate and will help you get started.
Austin Energy offers two types of loans to its residential customers to finance energy efficient improvements in eligible homes. The "Home Energy Improvements Loan" (Option One) can be used to complete suggested weatherization measures, conduct duct testing and improve duct systems, and upgrade HVAC systems. The minimum loan is $500 and the maximum loan is $11,000 for single-family homes and duplexes. Terms vary depending on the length of the loan. The "Residential Options Measures" (Option Two) loan covers HVAC replacements, duct testing and duct system improvement, insulation, window films or solar screens, and radiant barrier installations. The minimum loan is $500 and the maximum is $8,500 for single-family homes, and $11,000 for duplexes. Loan forms can be found on the program web site listed or by following links provided here. Note: residential customers can utilize either rebate programs or loan programs, not both.
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 (Option #3), or apply online at www.velocitycu.com.