MI Saves Home Energy Loan Program provides up to $30,000 in financing to homeowners like you for energy efficiency and renewable energy improvements. We make it easy, with no home appraisal or equity required because we're a nonprofit dedicated to making energy improvements easy and affordable. Homeowners can choose from a list of qualified improvements such as new windows and doors, new air conditioners or furnaces, or even new appliances. Or get a home energy assessment to identify what you can do to spend less money on energy in your home.
This program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses to purchase or install renewable energy systems or make energy efficiency improvements.
Michigan's PACE statute allows financing of virtually all construction and retrofits on commercial, industrial and multi-family property that save energy, save water, or install renewable energy.
Special CBS Solar PV Kit Financing through Michigan Saves
Lender: Genisys CU
Interest Rate: 4.99%
Terms- < $5000, 1 year for every $1000 financed
> $5000, customer can select term to 10 years
Max Loan Amount: $10,000
Eligible for Solar PV Kits only