Rising energy costs are a concern for many Irish homeowners, but there’s good news—you can access a Home Energy Upgrade Loan to finance energy-efficient improvements, making your home warmer and reducing long-term energy bills.
These loans, ranging from €5,000 to €75,000, come with lower interest rates than standard loans and help fund upgrades that significantly improve your home’s energy efficiency.
How the Home Energy Upgrade Loan Works
- Loan Amount: €5,000 to €75,000
- Loan Term: 1 to 10 years
- Interest Rates: Competitive, starting from 3.55%
- Unsecured Loan: No collateral required
- Eligible Upgrades: Must improve energy efficiency by at least 20%
Who Can Apply?
To qualify for a Home Energy Upgrade Loan, you must:
✔ Be an Irish resident and own a property in the Republic of Ireland (home or rental)
✔ Ensure your property qualifies for an SEAI home energy upgrade grant
✔ Use the loan for energy-efficient improvements carried out by SEAI-registered contractors
✔ Allocate at least 75% of the loan to eligible energy-efficient upgrades
What Can the Loan Be Used For?
This loan covers various upgrades designed to enhance your home’s Building Energy Rating (BER) and reduce energy costs. Examples include:
- Deep retrofits – multiple upgrades to improve energy performance
- Home insulation – attic, wall, or floor insulation to retain heat
- Heat pump systems – efficient heating solutions that replace outdated boilers
- Solar panels – generating renewable electricity for your home
How to Apply for a Home Energy Upgrade Loan
Step 1: Get an Energy Assessment
Before applying for financing, your home needs an energy assessment to determine which upgrades will have the most impact. Contact one of these SEAI-approved providers:
✔ SEAI Registered One Stop Shop
✔ Energy Partner
✔ Community Project Coordinator
If the assessment confirms that the upgrade will improve your home’s energy efficiency by at least 20%, you can proceed with your loan application.
Step 2: Submit Your Assessment for Loan Approval
Provide the Home Energy Summary Report from your assessment to a participating lender, such as AIB, Bank of Ireland, or Permanent TSB, to apply for the loan. Loan approval depends on the lender’s credit criteria.
Find Qualified SEAI Contractors for Your Project
Hiring an experienced professional is crucial to ensure your upgrades are completed correctly and efficiently. That’s where trusted SEAI-registered contractors come in.
Instead of searching endlessly for reliable tradespeople, use a professional contractor network to:
✔ Get quotes from vetted energy upgrade specialists
✔ Compare rates and expertise in one place
✔ Find SEAI One Stop Shops and registered professionals for your project
Upgrade Your Home and Start Saving Today
Investing in a home energy upgrade means lower heating costs, increased comfort, and a more sustainable home. If you’re ready to make the switch, connect with qualified SEAI-registered professionals and start your energy upgrade today!