Treasurer McCord: PA Homeowners Can Finance 'Whole Home' Improvements Through Money-Saving, Energy Efficiency Loan Program

December 30, 2010

Required energy audit creates demand for local approved contractors HARRISBURG, Pa., Dec. 29, 2010 /PRNewswire-USNewswire/ -- Pennsylvania Treasurer Rob McCord today announced new, innovative financing options available through the Keystone Home Energy Loan Program (HELP). Qualified Pennsylvania homeowners can now take advantage of lower-rate, fixed-term loans for whole home energy efficiency projects – upon completion of a home energy audit designed to identify the most effective energy conserving improvements in each home. The new Conservation Audit and Performance Protocol (CAPP) Loans can be used for qualifying activities such as insulation and air sealing, as well as other ENERGY STAR improvements involving heating and cooling equipment. Unsecured loans up to $15,000 are available under CAPP for 3, 5, or 10 year terms at an interest rate of 2.99%, the lowest rate HELP has ever offered for unsecured loans.

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