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 sealingTotal external static pressureDuct replacement/insulationDuct system performance improvementAttic insulation to R38Fan coverSolar screens/solar film on single pane windowsExternal combustion airInsulated box for pull-down stairsAdditional attic accessImprove supply and/or return plenumInstall eligible smart thermostatSupply grillesReturn air grillesAC tune upDeep pleated media filtersENERGY STAR-rated heat pump water heaterCentral split ACMini-split ACHeat pumpsHeat 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.