If you own your home and plan to make eligible energy efficiency improvements, you likely qualify. Approval depends on your credit history, but no minimum income requirement applies.

You can finance insulation, air sealing, heat pumps, energy-efficient HVAC systems, water heaters, solar panels, and more. Michigan Saves offers a comprehensive list of eligible improvements.

Loans range from $1,000 to $100,000, depending on the scope of your project. This flexibility allows you to tackle both small upgrades and full-home efficiency renovations.

No, Michigan Saves loans don’t require a down payment or collateral. You can start your project without significant out-of-pocket expenses.

Loan terms are flexible and can range from 1 to 10 years, depending on your preferences and the loan amount. Longer terms make monthly payments more manageable.

Yes, Michigan Saves loans have no prepayment penalties. You can pay off your loan early without any additional fees or charges.

Once your project is scoped, we will provide a six-digit ID number to include in your application. The process is quick and can be completed online.

After approval, Michigan Saves coordinates with the us, so that we get paid directly. You’ll make monthly payments to the lender based on your loan terms.

Michigan Saves is designed specifically for energy efficiency and clean energy projects. The program pairs you with a trusted contractor [cough] like Ecotelligent Homes [cough] and offers low-interest loans, flexible terms, and support to make upgrades affordable, with no surprises or hidden fees.