In order to support the green economy and encourage everyone to strive for most energy efficient enhancements, participating credit unions are offering the lowest interest rates on work which has the biggest overall impact on the home’s energy rating.

A Energy Rating – 4.9% APR

Projects which results in a home achieving an A energy rating will attract a loan interest rate of 4.9% APR.

* A €30,000 home improvement loan over 10 years at a 4.79% variable interest rate (4.9% APR) has 120 monthly repayments of €315.13. The total amount repayable is €37,815

B2 Energy Rating – 5.96% APR

Work which results in a home achieving a B1 or B2 energy rating will attract a loan interest rate of 5.96%

* A €20,000 home improvement loan over 10 years at a 5.8% variable interest rate (5.96% APR) has 120 monthly repayments of €220.04. The total amount repayable is €26,404.41

Below B2 Energy Rating – 7.98% APR

Work which results in a home achieving an energy rating of lower than B2 will attract a loan interest rate of 7.98% APR.

* A €3,000 home improvement loan over 12 months at a 7.7% variable interest rate (7.98% APR) has 12 monthly repayments of €260.55. The total amount repayable is €3,126.59

To view a list of participating credit unions, please click here