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Newburyport Bank
Home/Borrow/DOER MLP Z-Loans

Get 0% Financing* on Energy-Efficiency Upgrades with a DOER MLP Z-Loan

If your home is served by a participating Massachusetts Municipal Light Plant (MLP), you may qualify for 0% interest financing* for eligible energy-efficiency improvements through the DOER MLP Z-Loan Program.

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A man holds a young boy who is touching a digital screen, exploring home upgrades with Mass Save Heat Loan info, inside a cozy wooden room.

Energy-Efficiency Financing Made Easier

The DOER MLP Z-Loan Program helps eligible Massachusetts homeowners finance qualifying energy-efficiency improvements. As a participating lender, Newburyport Bank can help you finance authorized improvements with a loan of up to $25,000.

0% interest financing*

Eligible energy-efficiency improvements

Financing up to $25,000*

Where do I start?

Before applying for a DOER MLP Z-Loan with Newburyport Bank, you’ll need to complete an Energy Assessment or another qualifying visit with a vendor approved by your Municipal Light Plant.

Your approved vendor will provide a dated Z-Loan Authorization Form containing your unique Z-Loan ID, the authorized improvements and the amount eligible for financing.

Once you have your Z-Loan Authorization Form, you’re ready to apply for financing with Newburyport Bank.

Logo for the Massachusetts Department of Energy Resources, featuring energy symbols and bold blue text, highlighting the Mass Save Heat Loan program on a white background.
Four smiling teenagers sit on a couch playing video games together, holding controllers, with coffee cups and a Mass Save Heat Loan brochure on the table in front of them.

How Does the Z-Loan Process Work?

1. Complete an Assessment or Qualifying Visit

Work with a vendor approved by your Municipal Light Plant to complete an Energy Assessment or another qualifying visit and identify eligible energy-efficiency improvements.

2. Receive Your Z-Loan Authorization Form

Your approved vendor will provide a dated Loan Authorization Form containing your unique Z-Loan ID, authorized work and eligible financing amount.

3. Apply with Newburyport Bank

Once you have your Z-Loan Authorization Form, apply for financing with Newburyport Bank. You’ll need to provide your completed loan application and dated Z-Loan Authorization Form.

4. Finance Your Project

If approved, your loan can finance the authorized work identified on your Z-Loan Authorization Form, subject to program limits.

A woman reaches up to change a lightbulb in a ceiling lamp, smiling as sunlight streams in, inspired by savings from a Mass Save heat loan.

DISCLOSURES

* DOER MLP Z-Loan financing is available to eligible residential customers served by participating Massachusetts Municipal Light Plants for qualifying energy-efficiency improvements. Maximum loan amount is the lesser of the authorized project amount or $25,000 after applicable MLP rebates. All loans are subject to credit approval and program eligibility. The current DOER interest subsidy is 100% of the gross loan interest rate, resulting in a 0% customer interest rate. The interest subsidy is subject to change. Additional terms, conditions and restrictions may apply.

DOER MLP Z-Loan FAQs

What is a DOER MLP Z-Loan?
The DOER MLP Z-Loan is an energy-efficiency financing program for eligible residential customers served by participating Massachusetts Municipal Light Plants. Through participating lenders like Newburyport Bank, eligible customers can finance authorized energy-efficiency improvements with loans of up to $25,000.
Who is eligible for a DOER MLP Z-Loan?
The program is available to eligible residential customers served by participating Massachusetts Municipal Light Plants who are completing qualifying energy-efficiency improvements. Program eligibility requirements apply.
How do I apply for a DOER MLP Z-Loan?
Before applying with Newburyport Bank, you’ll need to complete an Energy Assessment or another qualifying visit with a vendor approved by your Municipal Light Plant and receive a valid Z-Loan Authorization Form with a unique Z-Loan ID. Once you have your authorization form, you can apply for financing with Newburyport Bank.
How much can I borrow with a DOER MLP Z-Loan?
Eligible customers may finance up to the lesser of the amount of authorized work shown on their Z-Loan Authorization Form or the program maximum of $25,000, after applicable Municipal Light Plant rebates.
Is the DOER MLP Z-Loan really 0% interest?
Under the current program, the Massachusetts Department of Energy Resources (DOER) subsidizes 100% of the gross loan interest rate, resulting in a 0% interest rate for the customer. The interest subsidy is subject to change.
What improvements can I finance with a DOER MLP Z-Loan?
Eligible improvements are determined through your participating Municipal Light Plant and approved vendor. Your Z-Loan Authorization Form will identify the specific energy-efficiency improvements and costs authorized for financing.