Fraudsters are clever! Stay cautious. Newburyport Bank will never ask for login info, codes, or send invoices. If you get a suspicious call, text, or email, don’t engage—hang up and contact us using a verified number.

 

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

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
Three people sit at a table, signing documents with a clipboard, house model, and keys in focus, suggesting a real estate or home-buying transaction.

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
Smiling man and woman sit together at a table, looking at a laptop screen with notebooks and papers in front of them in a bright, cozy kitchen.

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.