Kelly Ohlmus / Wednesday, October 16, 2024 / Categories: Home Improvement News Home Energy Upgrade Loans: Find Qualified Contractors for Your Project Looking to make energy-efficient upgrades? Get a home energy upgrade loan from €5,000 to €75,000. Find SEAI contractors at OnlineTradesmen.ie. Irish homeowners, feeling the pinch of the rising cost of living? Here's some good news: you can qualify for a scheme worth over €5,000 to make your home more energy-efficient! The Home Energy Upgrade Loan helps you finance improvements that will keep your house warm and cosy and save you money on your energy bills in the long run. Here's the gist: Loan amount: €5,000 to €75,000 Loan term: 1 to 10 years Interest rates: Lower than regular loans (starting from 3.55%) Unsecured loan: No need for collateral Watch our webinar on Home Energy Upgrade Loans with Minister Neale Richmond Who qualifies? Irish residents who own a property in the Republic of Ireland (your home or a rental property) The property must be eligible for an SEAI home energy upgrade grant The upgrades aim for a minimum 20% improvement in your home's energy rating The work will be done by a qualified contractor (SEAI registered One Stop Shop, Energy Partner, or Community Project Coordinator) At least 75% of the loan funds energy-efficient measures What can you use the loan for? Deep retrofit (multiple upgrades to improve your home's energy performance) One or two significant energy-efficient upgrades like insulation, heat pumps, or solar panels How to Apply for a Home Energy Upgrade Loan Step 1: Arrange an Energy Assessment To start, contact one of the following SEAI-approved service providers to carry out an energy assessment of your home: SEAI Registered One-Stop Shop Energy Partner Community Project Coordinator If the energy upgrade is expected to improve your home's energy efficiency by at least 20%, and the loan funds at least 75% of the upgrade costs (net of SEAI grants), you may qualify for financing. Step 2: Submit Your Assessment for Loan Approval Provide the results of the energy assessment (Home Energy Summary Report) to a participating finance provider, such as AIB, Bank of Ireland, or Permanent TSB, to begin the credit application. Approval is subject to each lender's criteria. Find Qualified SEAI Contractors Securing experienced professionals for the job is crucial. That’s where OnlineTradesmen.ie comes in! Our network of vetted and qualified tradespeople, including SEAI Contractors and SEAI One Stop Shops, will help you complete your home energy upgrade. Get quotes, compare rates, and find the perfect tradesperson for your project – all in one place. Take action now! Make your home warmer, more energy-efficient, and save money on your energy bills. Post a job today on OnlineTradesmen.ie to find qualified, SEAI-registered trade professionals in your area, and get started on your Home Energy Upgrade project! Trustpilot What Do Carpenters Do? Services, Costs & Popular Projects Explained Understanding Bathroom Remodel Costs for Irish Homeowners Print 149 Rate this article: No rating Please login or register to post comments.