Easy Financing for Your Next Home Energy Improvement

Whatever your goals, investing in these home improvements today can result in cost savings, greater comfort and environmental benefits for you and your family. You also can enhance the value of your home!

  • Minimum loan amount is $3,000
  • Maximum loan amount is $25,000
  • No membership fees
  • No application fees
*The annual percentage rates (APR) shown are subject to change without notice. Please note that the interest rates shown here are available to borrowers with a satisfactory credit history.

Energy improvements can meet a wide range of goals. All improvements financed through the Smart-E Loan Program can result in savings on your utility or fuel bill and may also improve the health of your home.

  • Comfort: You can get more comfort with less energy if you opt for measures such as better weatherization. This includes insulation, air sealing, improved lighting, climate controls, more efficient windows, and roof repairs.
  • Home Performance: A renewable energy system, efficient windows, doors and roof repair can improve your heating and fuel equipment and increase your home's energy- and cost-saving potential. If your home has asbestos or other contaminants, the Smart-E Loan Program helps you address those issues.
  • Investing: Investing now in deep energy savings can make your future cleaner, brighter and richer. Energy improvements can provide a solid and predictable return on your investment and can increase your home's value. And most renewable energy measures last for decades, so they will continue to produce value long into the future. Remember that once your Smart-E Loan is paid off, you will be able to pocket all of the savings from your home performance improvements. 

Thomaston Savings Bank offers Smart-E Loans to residents of Litchfield county, northern New Haven County, and Farmington Valley communities. You can finance any measure that either makes your home more energy efficient or generates renewable energy, based on these guidelines: 

  • 80% of the total cost of your improvements must be directly related to energy savings such as weatherization, equipment replacement, natural gas conversion, solar PV and hot water systems, and electric vehicle recharging. Review this comprehensive list of energy improvement measures. 
  • 20% of the total cost of your improvements can go to energy and health-related measures that are not on the eligible measure list, such as healthy homes improvements (e.g. asbestos or lead remediation1), roof repair, or new ENERGY STAR appliances.

The residence where the work will take place must adhere to these guidelines:

  • Primary residence located in the state of Connecticut
  • Owner-occupied
  • 1-4 unit
  • Condominiums are eligible only if they are individually metered

Locate eligible contractors, by technology, in your area.