Grants cover part of it. This is how most people cover the rest.
Government-backed, unsecured, and delivered through participating lenders.
Grants cover part of an energy upgrade. Finance covers the rest — and for most households the question isn’t whether an upgrade is worth doing, it’s how to fund the gap between the grant and the invoice.
The Home Energy Upgrade Loan Scheme is a government-backed loan scheme offering unsecured finance for SEAI-supported home energy upgrades at rates below standard unsecured lending. It’s delivered through participating banks and credit unions rather than by SEAI directly, and it’s designed to sit alongside grant support rather than replace it.
Because rates and terms are set by the participating lenders and move with the market, we don’t quote figures here. Your lender will give you current terms, and we’ll give you an accurate cost for the works so you know what you’re borrowing against.
The monthly repayment against the monthly saving — plus what is not on the bill.
The case for borrowing to upgrade rests on a simple comparison: the monthly repayment against the monthly saving, plus everything that isn’t on the bill.
Against that, borrowing has a cost and the sums have to work for your household. We’ll give you honest figures for the works and an honest view of what they’ll save, so the comparison is a real one rather than a sales pitch.
From insulation to heat pumps, ventilation and more. Improve comfort, lower bills and increase your BER rating.
New builds, extensions and deep retrofits, fully managed from design and planning through to construction and completion.
High-quality solar panel systems for homes, farms and businesses. Lower energy costs and gain energy independence.
Energy upgrades and construction solutions for commercial, agricultural and public sector projects.
Financing an upgrade only makes sense if the upgrade itself is the right one. The most common way people waste money is spending it in the wrong order — a heat pump before insulation, solar before the fabric, new windows before the walls they sit in.
Our assessment gives you the sequence before you borrow anything. Sometimes the answer is that a smaller package now, done in the right order, delivers most of the benefit and needs less finance than the full job.
Through the One Stop Shop route, the grant is deducted from your invoice rather than reimbursed afterwards. That matters for cash flow: you’re financing the net cost, not fronting the gross cost and waiting for a refund.
Get the scope and the cost right first. It’s a much easier conversation with a bank when you can show a specified, costed package rather than an estimate.
Rates are set by the participating lenders and move with the market. Your bank or credit union will quote current terms — the scheme’s purpose is to keep them below standard unsecured rates.
To a participating lender. SEAI supports the scheme but doesn’t issue the loans.
Yes — that’s the intention. It’s designed to fund the portion grants don’t cover.
The scheme provides unsecured lending. Your lender will confirm the terms that apply to you.
Phasing the work across a few years using individual grants is a perfectly sensible alternative. We’ll tell you which measures to do first.
Call 051 850722. A specified, costed package makes for a much easier conversation with a lender.
