The Home Energy Upgrade Loan Scheme
House2Home
The Home Energy Upgrade Loan Scheme (HEULS) aims to make residential energy upgrades more accessible and affordable for eligible homeowners. Loans must be used for the purposes of upgrading the energy efficiency and decarbonisation of a qualifying residential property located in Ireland. Homeowners can now borrow between €5,000 and €75,000 at significantly lower interest rates to retrofit their homes.
(HEULS) aims to make residential energy upgrades more accessible and affordable for eligible homeowners. Loans must be used for the purposes of upgrading the energy efficiency and decarbonisation of a qualifying residential property located in Ireland.
HOUSE2HOME
What does the loan allow?
A minimum of 75% of the loan is designated for energy efficiency and renewable energy projects.
Additionally, borrowers have the flexibility to allocate up to 25% of the loan towards non-SEAI grant-aided works, allowing for comprehensive home improvements tailored to individual needs and preferences.
How to be eligble ?
The home energy upgrade works must qualify for a home energy grant from SEAI and must be projected to result in a minimum 20% improvement in the energy performance (BER) of the property.
Examples of Eligible Items:
- Home Energy Upgrades
- Heat Pumps
- Wall Insulation
- Windows Replacements
- Heating Control
- Attic Insulation
What about solar PV panels?
Loans can be used to fund solar photovoltaic (PV) panels only if they are installed as part of a deep retrofit supported under the National Home Energy Upgrade Scheme (One Stop Shop Service).
What’s not included?
- Finance to works for a non- residential property
- Refinance of existing debt
- Finance of any form of fossil fuel boilers
- Finance to works that have previously received a SEAI grant and completed works
HOUSE2HOME
How to apply
Step Number 1
Home Energy Assessment or BER with quotation for works [include to our Home Energy Assessment quote]
Step Number 2
Credit application process
Step Number 3
Finance provider completes checks
Step Number 4
One Stop Shop draws down loan, signs contract and manages paperwork
HOUSE2HOME
Case Study
In 2021, Keith Kenny purchased a house in Dublin only to quickly realise its cold and damp conditions, resulting in constant heating usage. Seeking a solution, he turned to Energia and House2Home for a deep retrofit.
The process was straightforward, with simple paperwork and a single point of contact at House2Home. The comprehensive retrofit included upgrading windows and doors, adding underfloor insulation, installing underfloor heating, fitting a heat pump and insulating the attic.
Terms and conditions apply to the Home Energy Upgrade Loan
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