Renu Financing Available

Colorado RENU Loan

The Colorado RENU Loan is a statewide residential loan program sponsored by the Colorado Clean Energy Fund in partnership with Colorado-based credit unions. It makes home energy upgrades easy and affordable by offering low-cost, long-term financing for energy efficiency and renewable energy improvements. For more information on how to get started – see below.

WHY CHOOSE COLORADO RENU?

• Make your home more energy efficient!
• Stop wasting energy
• Lower your utility bills
• Avoid placing expenses on a high-interest credit card

Take advantage of an easy loan and project approval process

WHO’S ELIGIBLE?

• Property owners of existing, single-family homes in Colorado.
• Primary, secondary or income properties are eligible, as well as, townhomes and
  condos (shared heating or cooling systems are not eligible).

LOAN TERMS

• Low, fixed interest rates starting at 2.75%
• No money down; finance up to 100% of project cost
• Loan terms up to 15 years
• Loans up to $75,000
• No prepayment penalties

How to Get Started

The process to participate in the Colorado RENU loan program is outlined below.

Step #1: Get a quote from a RENU-Authorized Contractor

• Once you have a quote for your project from an authorized contractor, select your lender below.

Step #2: Choose a RENU Program Lender: Clean Energy Credit Union, Elevations Credit Union, Westerra Credit Union

Step #3: Provide contractor quote and requested loan documentation to the credit union of your choice (verification of income, etc.).

Step #4: Receive loan and project approval.

Step #5: Schedule work directly with contractor. Contractor installs approved measures.

Step #6: Notify your lender when work is complete. Your lender will send you the loan closing documents which you can sign electronically or in-person.

Step #7: Your contractor will electronically sign an affidavit stating the work is completed. Your lender will pay the contractor directly.

Step #8: Start enjoying your home energy improvements and begin repaying the loan directly to the lender.

Download the Colorado RENU Loan flyer for more information.

Questions? Contact CCEF’s Jeff King at RENU@cocleanenergyfund.com