The Lough Credit Union, in partnership with Energia and House 2 Home, is delighted to announce the launch of CU Greener Homes, a one-stop solution for all your home energy efficiency improvements. Whether you are considering a new boiler or a deep retrofit, CU Greener Homes is here to help you.
•Fully managed Grants up to 40% with expert advice
•Low cost loan rates as low as 4.9% APR
The Sustainable Energy Authority of Ireland (SEAI) provide grants of up to 35% depending on the type of energy efficiency improvements carried out and the age of the home. In addition, as part of this initiative, Energia will provide additional support of up to 5%. Terms, conditions and eligibility criteria apply.
In order to support the green economy and encourage everyone to strive for the most energy-efficient enhancements, we are offering the lowest interest rates on work which has the biggest overall impact on the home’s energy rating.
Approved retrofit work which results in the home achieving a Building Energy Rating (BER) of A3 or better will attract a loan interest rate of 4.9% APR.
Approved retrofit work which results in the home achieving a Building Energy Rating (BER) of B2 or better will attract a loan interest rate of 5.96% APR.
Approved work that results in a home achieving an energy rating of lower than B2 will attract a loan interest rate of 7.98% APR.
Terms, conditions and eligibility criteria apply.
Use our Energy Efficiency Calculator on www.cugreenerhomes.ie to find out:
1. The cost of proposed home energy upgrades for your home
2. The grant support which you may be eligible for
3. The cost of credit union finance to help you fund the project
4. The impact of the work on the energy efficiency of your home
A €30,000 home improvement loan over 10 years at a 4.79% variable interest rate (4.9% APR) has 120 monthly repayments of €315.13.
The total amount repayable is €37,815