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Newburyport Bank
Home/Borrow/Mass Save® HEAT Loan

Get 0% Financing1 on Efficiency Upgrades with a Mass Save® HEAT Loan

Looking to elevate your home heating system for a more energy-efficient solution? With the Mass Save® HEAT Loan, you could qualify for 0% interest financing.1

Apply online
Visit a branch
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Long-term cost savings the smart way

Designed to make energy-efficient home improvements more accessible, the Mass Save® HEAT Loan offers a smart way to invest in comfort and efficiency.

0% interest financing 1

Eligible energy-efficient home updates

Flexible loan amounts

Where do I start?

To start the application process, please call Mass Save®  at (866) 527-SAVE (7283) to schedule a home energy assessment. Customers need a Mass Save® HEAT Loan Authorization Form with a valid expiration date at the time of application. 

Consult your tax advisor and the Mass Save® website for information about rebates and tax savings.

    A technician in gray gloves and overalls services a wall-mounted air conditioner, which may qualify for a Mass Save heat loan, in a room with light curtains.

    Which upgrades qualify?

    The Mass Save® HEAT Loan can be used to finance qualifying energy-efficient improvements, including but not limited to:

    • Weatherization
    • Pre-weatherization barriers
    • ENERGY STAR® certified replacement windows2
    • Residential batteries enrolled in ConnectedSolutions
    • Heat pump projects
    • Heat pump water heaters
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    DISCLOSURES

    1 All loans subject to credit approval. To qualify, applicants must undergo a Mass Save audit to verify their eligibility, but you can start the loan application process with us at any time. Visit the Mass Save® website to learn more about the Mass Save® HEAT Loan Program and for an outline of steps to take. Owner occupied, second homes and non-owner occupied buildings have a minimum loan amount of $500 and a maximum loan amount of $25,000.

    2 Must be in conjunction with completed weatherization recommendations.

    Mass Save® HEAT Loan FAQs

    What is a Mass Save® HEAT Loan?
    The Mass Save® HEAT Loan is a 0% interest loan1 designed to help homeowners finance eligible energy-efficient home improvements recommended through a Mass Save® Home Energy Assessment.
    Who is eligible for a Mass Save® HEAT Loan?
    Eligibility is determined through the Mass Save® program. Homeowners must complete a Home Energy Assessment and receive approval for qualifying upgrades before applying for the loan.
    What types of improvements qualify?
    Qualifying upgrades may include insulation, high-efficiency heating systems, heat pumps, and ENERGY STAR® qualified replacement windows, among other approved improvements. Qualifications vary; please see the Mass Save® website for a list of updated items.
    How do I apply for a Mass Save® HEAT Loan?
    After completing a Mass Save® Home Energy Assessment and receiving approval, you can apply for the HEAT Loan through a participating lender like Newburyport Bank.
    Is the Mass Save® HEAT Loan really 0% interest?
    Yes. Approved Mass Save® HEAT Loans offer 0% interest for the life of the loan, subject to program terms and eligibility requirements1.