On-Bill Energy Improvement Loan
We are happy to offer our customers an on-bill repayment service allowing Green Mountain Power customers anywhere in Vermont to make energy improvements to their home with the help of a low interest loan from NeighborWorks of Western Vermont. You can make monthly payments as part of your regular electricity bill, no separate bill necessary! Loans can be used for thermal and electric efficiency measures, renewable energy and other services that advance the energy plan of the State of Vermont.
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The low interest loan through NeighborWorks offers up to ten years financing and up to $15,000. Monthly payments on a ten year loan of $15,000 are approximately $161/month and will be added to your monthly GMP bill.
The NeighborWorks H.E.A.T. Squad can help connect customers with qualified contractors to perform a comprehensive energy audit to identify which efficiency projects would save them the most money while increasing their comfort. To get started, GMP customers may call Lori at NeighborWorks toll-free at 1-877-205-1147 x227 or by email firstname.lastname@example.org to schedule an audit. For more information about the loan customers may call Kim at x216 or by email at email@example.com.
To qualify an application for a loan, NeighborWorks will check an applicant’s credit score, review utility bill payment history and assess the applicant’s income level for ability to repay.
Rutland West Neighborhood Housing Services, Inc., d/b/a/ NeighborWorks of Western Vermont NMLS #194008 Licensed Lender VT#6200