Mass Save® HEAT Loan

0% Financing for Energy-Efficient Home Improvements1

Make your home more comfortable and energy efficient with affordable financing through the Mass Save® HEAT Loan Program, available through Pentucket Bank.

Qualified homeowners may be eligible for:
  • 0% interest financing1
  • Loans up to $25,000
  • Terms up to 84 months
  • Financing for eligible energy-efficiency improvements
  • Local service from a trusted community bank
 

 

Eligible Home Improvements

Mass Save® HEAT Loans may be used to finance qualifying energy-efficiency improvements, including:

Attic, Wall, and Basement Insulation
High-Efficiency Heating System
Air Source Heat Pumps
Ductless Mini Split Heat Pumps
ENERGY STAR®  Qualified Replacement Windows2
And More!
 
 

 

How the HEAT Loan Process Works

 
  1. Contact Mass Save®
    Call 866-527-SAVE (7283) to learn about eligible energy-efficiency improvements and determine whether a Home Energy Assessment is recommended for your project. While a Home Energy Assessment can help identify opportunities to save energy and reduce costs, it is not required for all qualifying improvements.
  2. Receive Your HEAT Loan Authorization Form
    If your project qualifies, Mass Save® will provide you with a HEAT Loan Authorization Form, which is required before applying for financing.
  3. Apply with Pentucket Bank
    Submit your HEAT Loan Authorization Form, contractor proposal, and completed loan application to Pentucket Bank for review. Once approved, you can move forward with your project and enjoy 0% financing on eligible improvements.
 
 
1 All loans subject to credit approval. To qualify, applicants must undergo a Mass Save® audit to verify their eligibility, but you can start the loan application process with us at any time. Visit the Mass Save® website to learn more about the Mass Save® HEAT Loan Program and for an outline of steps to take. Owner occupied, second homes and non-owner occupied buildings have a minimum loan amount of $500 and a maximum loan amount of $25,000. Estimated cost per $1000 calculated on maximum term available. 0% APR for 84 monthly payments of $11.91 per $1000 borrowed.
 
2 Must be in conjunction with completed weatherization recommendations