Energy Loans for Your Customers

Elevations Credit Union has teamed up with the Denver Energy Challenge and EnergySmart to offer low-cost energy loans for residents of the City & County of Denver and Boulder County. These unique loans are offered at competitive interest rates starting at 2.75% for residents.

Energy loans can be used for a variety of upgrades including, but not limited to:

  • Energy Audits
  • Insulation & Air Sealing
  • HVAC
  • Water Heating
  • Windows
  • Renewables*

Who Can Access These Loans
All Xcel Energy Trade Partners are eligible to offer these loans to their customers. Contractor benefits include:

  • Access to $35 million in financing to implement energy projects for your customers
  • Energy advisor through the Denver Energy Challenge to facilitate the process
  • Easy online application for “at the table” discussions with your customers
  • Marketing materials (brochures, videos, social media, website, testimonials)

The Loan Process

  1. Help your customers apply for a loan to secure financing
  2. Elevations will enroll your customer in the Denver Energy Challenge
  3. Work with an energy advisor to determine loan-eligible scope
  4. Contractor installs approved energy saving measures
  5. Customer completes loan closing with Elevations Credit Union
  6. Receive payment for work

If you have customers looking for financing, be sure to download and share our Energy Loan Checklists: Home | Business

*In order to qualify for solar PV and other renewable energy sources under this loan, borrowers must first achieve 15% energy savings through the respective programs. Contact an Energy Advisor to determine what savings your customer has already achieved.

Speak with an Energy Expert today by calling 720-865-5520