Mass Save® HEAT Loan
The Mass Save® HEAT Loan offers interest-free financing opportunities up to $25,000 for energy-efficient home upgrades like water heating equipment, ductless mini-splits, solar batteries, insulation, windows, and more!
To get started, call Superior Energy Solutions, Inc. at (508) 567-4109 x.2 to schedule a no-cost home energy assessment. An Superior Energy Solutions Inc. representative will provide information on opportunities to improve your energy efficiency and where financing can help.
HOW TO APPLY FOR A HEAT LOAN
Step 1: Schedule a no-cost Mass Save energy assessment with Superior Energy Solutions Inc. Once completed, your Superior Energy Solutions Inc. advisor will provide you with the Intake Form to confirm your eligibility.
Step 2: Submit a copy of the Intake Form to your HEAT Loan Program Administrator. Include your signed contractor proposal and any additional required documentation. If your work meets program eligibility requirements, you will receive an Authorization Form.
Step 3: Secure the loan. Submit your completed Authorization Form to your selected participating lender. If approved, the lender will provide you with a two-party check made payable to you and your contractor(s). To view a complete list of participating lenders, click here.
Step 4: Complete the upgrade(s). To pay your contractor, simply sign over the bank check.
Step 5: Complete your verification inspection. Call 866-527-SAVE for details on completing this required verification.
ELIGIBLE UPGRADES
• Ductless Mini-Split Systems – A high-efficiency Mitsubishi ductless mini-split will help keep your home more comfortable year-round and reduces energy costs.
• Insulation – Improving your home’s insulation can help lower your energy costs, reduce drafts, and keep your home comfortable all year long.
• Hot Water Heaters – Upgrade to a more energy-efficient hot water heater and help offset water heating costs.
ELIGIBILITY REQUIREMENTS
• The HEAT Loan is available to qualified customers who complete a no-cost home energy assessment.
• Loan applicant must be the homeowner.
• Residents must have a current residential electric account.
• Municipal electric customers can take advantage of the HEAT Loan offer if the home is heated with natural gas, provided by a Mass Save Program Sponsor.
• Municipal electric customers can apply for the HEAT Loan for all upgrades, with the exception of central air conditioning, heat pumps and heat pump water heaters.
• Financing is only available for qualifying energy-efficient improvements outlined within the HEAT Loan packet.
• Financing is contingent upon loan approval from a participating lender.