How it works
licensed
installers
secured
financing
instant
approval
Work with one of our licensed home improvement partners to get access to affordable point-of-sale financing.
We offer low cost secured loans for eligible energy-reducing, home electrification and solar projects.
Our loans use automated valuations (AVMs) and advanced technology to generate instant approvals for homeowners.
Secured Point-of-Sale Financing Options
Joule financing can transform your home into
efficient, electric and renewably powered.
SMART THERMOSTAT
ELECTRIC WATER HEATING
HIGH EFFICIENCY HEAT PUMP
EV CHARGING STATION
SOLAR PV PANELS
BATTERY STORAGE
ELECTRIC HEATING & COOLING
HIGH EFFICIENCY HEAT PUMP
Example: Mortgage Comparison for a Home Purchase Loan
Conventional Loan
20 %
Principal & Interest
$ 2,056
Property taxes
Homeowners Insurance
HOA fees
Utilities
Joule Loan
18 %
2 %
MONTHLY
SAVINGS
$36/mo
Principal & Interest
$ 2,227
Property taxes
Homeowners Insurance
HOA fees
Utilities
Monthly savings
Why roll sustainable home upgrades into your home mortgage?
-
Qualify for a lower rate. We offer special energy rebate credits to lower the interest rate on your loan with qualified electrification and sustainable home upgrades.
-
Reduce dependency on fossil fuels. Gas-powered technology in residential homes produce 20% of U.S. emissions. Our packaged upgrades reduce your dependency on fossil fuels, and lower home emissions by more than 90%.
-
Save on utility bills. Heating, cooling and water heating account for 72% of energy consumption in your home. Electric heat pump technology is 3x more efficient than traditional gas-powered equipment. Switching to electric improves the efficiency of your home and adding rooftop solar significantly reduces monthly utility bills.
Loan Features
-
No draws
-
Up to 1-year for project completion
-
Up to 75% of post-renovation home value added to loan amount
-
Down payment assistance available
