To encourage homeowners to Retrofit their homes and engage in more sustainable living, three main banks now offer several types of green loans with special interest rates.
AIB
Learn more with the AIB Green Hub.
Top-Up Mortgage
The Top-Up mortgage is suitable for homeowners who have or have fully paid off their mortgage and would like to renovate their home. For more information, please visit this link.
Green Personal Loan
The Green personal loan focuses on improving the energy efficiency of your home, at least 50% of the money spent must go to green initiatives such as insulation, heat pumps, etc. For more information, please click this link.
An Post
Please click this link to visit An Post’s Green Hub.
One-Stop shop Service
An Post has partnered with SSE Airtricity to provide customers with green loans through fully-managed energy upgrades. If you are planning to Retrofit your home through a One-Stop shop service, this route can help you receive up to 50% subsidy of your entire cost of work. Please click here to visit An Post’s green loan eligibility tool. For more information on the One-Stop shop service please click here.
Self-Managed Projects
If you choose to manage your energy upgrade project by yourself, you will be able to receive financial assistance from green loans and SEAI grants in the form of reimbursement. If you would like more information, please click here.
Bank Of Ireland
Please click this link for more information.
Green Home Improvement Loan
To be eligible for the Green Home Improvement loan, you must provide proof of works undertaken and the loan must be used to finance specific upgrades, such as pipe or wall/floor insulation, sustainable heating systems, installation of energy efficient controls, etc. For the complete list, please visit this link.
Credit Union
In Collaboration with Energia and Home 2 Home
Please click this link for more information.
CU Green Home Loan
Credit Union has partnered up with Energia and contractors House 2 Home to create a one-stop-shop for the retrofitting process from start to finish. As part of the scheme, the Credit Union offers loans at different interest rates depending on the BER rating of the finished project.
Homes that achieve an A rating qualify for a loan of 4.9% APR. Those that achieve a B rating qualify for a loan of 5.96% APR and homes that have a BER rating below B2 qualify for a loan of 7.98% APR.
To find out the potential costs of your home energy upgrades and the loans you may qualify for use the Home Energy Efficiency Calculator.
Permanent TSB
Please click this link to view more options
Home Improvement Loan (not a green loan)
While Permanent TSB does not offer green loans, you can apply for a home improvement loan if you have a current account and your salary is paid into this account.
