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Low-Cost Energy Loans Available

Low-cost light.

Low-cost light.

HARRISBURG PA – There’s low-cost loan money available through June to help make homes in Sanatoga and elsewhere more energy efficient, state Treasurer Rob McCord said Monday (March 2, 2009).

Pennsylvania’s Treasury Department plans to expand what is known as the Keystone Home Energy Loan Program (Keystone HELP). Created in 2006, the program offers affordable financing options, including rebates and low-interest loans, so state residents can buy and install improvements that reduce energy use.

Treasury and the Pennsylvania Housing Finance Agency are providing almost $16 million of capital for loans, McCord said. The expanded program provides a credit of up to $325 for energy audits when loans are issued for work recommended by certified energy auditors. All improvements financed through Keystone HELP must be done by a program-approved contractor.

Applications and program guidelines are available online. The deadline for applications is June 30.

Photo by Nico Van Der Merwe

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