Utility Rates Have Risen in Our Area at an Increased Rate and Will Continue to Rise in the Future, Lock in Energy Savings Now with a Fixed Rate and Payment With Terms of Up To 20 Years and No Pre-Payment Penalties.
Geothermal energy doesn’t depend on weather conditions. It’s constantly supplying energy from the earth’s core without releasing harmful greenhouse gases into the atmosphere.
Lock in Your Payment
Borrow up to $90,000 and gain peace of mind with a fixed rate instead of paying fluctuating energy bills. Clean Energy Credit Union offers 12, 15, or 20-year fixed rates on loans so you don’t have to worry about rising rates for the duration of your term.
No Prepayment Penalties
Interested in paying off your loan sooner rather than later? No worries — CECU will never penalize you for doing just that.
Geothermal System Combo Loan - 100% financing
Combine both Short Term and Fixed-Rate Long Term loan options to create a Geothermal System Combo Loan that gives you an optimized, no-money-down finance strategy to install a geothermal system in your home.
Short Term Loan
With this option, you get a 12-month or 18-month loan that covers your geothermal tax credit. It’s available for new residential geothermal systems at up to 30% of the eligible price cost.
Fixed-Rate Long Term Loan
CECU also offers a 12, 15, and 20-year fixed rate loan on the remaining portion of your geothermal system cost or up to 70% of the eligible project cost.