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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 make energy efficient improvements to your home? 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*

Eligible energy-efficient home updates

Flexible loan amounts

Where do I start?

Getting started is easy. If you’re planning energy-efficiency improvements for your home, contact Mass Save® to learn about eligible upgrades and available incentives. A Home Energy Assessment is a great place to begin and can help identify opportunities to save energy and reduce costs. To schedule an assessment or learn more, call 866-527-SAVE (7283) or visit the Mass Save® website.

Mass Save Partner logo with green sunburst, city skyline, and houses above “mass save,” highlighting the Mass Save Heat Loan and the word “PARTNER.”.
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:

  • Attic, Wall, and Basement Insulation
  • High-Efficiency Heating System
  • Air Source Heat Pumps
  • Ductless Mini Split Heat Pumps
  • ENERGY STAR®  Qualified Replacement Windows2
  • And More!
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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. Estimated cost per $1000 calculated on maximum term available. 0% APR for 84 monthly payments of $11.91 per $1000 borrowed.

2 Must be in conjunction with completed weatherization recommendations

Mass Save® HEAT Loan FAQs

What is a Mass Save® HEAT Loan?
A Mass Save® HEAT Loan is a 0%1 interest financing program that helps eligible Massachusetts homeowners pay for qualifying energy-efficiency improvements. Through participating lenders like Newburyport Bank, you can finance approved upgrades that may improve comfort, reduce energy use, and lower utility costs.
Who is eligible for a Mass Save® HEAT Loan?
Mass Save® HEAT Loans are available to eligible Massachusetts homeowners and residential customers who are making qualifying energy-efficiency improvements through the Mass Save® program.
How do I apply for a Mass Save® HEAT Loan?
To apply for a Mass Save® HEAT Loan, you must first obtain a valid HEAT Loan Authorization Form from Mass Save® for your eligible project. While a Home Energy Assessment is recommended to help identify energy-saving opportunities, it may not be required for all improvements. If you would like to schedule a Home Energy Assessment, call 866-527-SAVE (7283). Once you have your Authorization Form, simply apply for financing with Newburyport Bank.
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.
Is the Mass Save® HEAT Loan really 0% interest?
Yes. Approved Mass Save® HEAT Loans offer 0% interest1 for the life of the loan, subject to program terms and eligibility requirements*.