Recent RED C research commissioned by Electric Ireland indicates that 44% of homeowners are planning to carry out home energy improvements in their homes within the next two years. However, two thirds (67%) of these homeowners say they are likely to need a loan to carry out these upgrades.
St. Colman’s Credit Union are working with homeowners through our Greenify* loan product to help finance home energy upgrades, making homes more energy efficient and comfortable as well as cheaper to run.
Speaking on behalf of Greenify, Ciarain Doherty from St. Colman’s Credit Union, said:
“Loans of up to €75,000 for up to 10 years are available to homeowners looking to greenify their homes. St. Colman’s Credit Union is committed to making green home energy upgrades more accessible and affordable for members and the recent RED C research really highlights the importance of this. Upgrading the energy efficiency of your home is a worthwhile investment, you really do reap the benefits in terms of savings on energy costs.”
According to the RED C research, the most common energy upgrades are floor wall and roof insulations, followed by upgrades to windows and doors. For homeowners looking to improve the energy efficiency of their home, The Greenify Guide contains lots of helpful information. The guide breaks down the steps involved in securing finance and implementing home energy upgrades. It includes a detailed overview of the home energy improvements available on the market, from small upgrades to large scale investment. The Greenify Guide is available through our website. Greenify – St. Colmans Credit Union Claremorris & Ballinrobe (claremorriscu.ie)
Commenting further Ciarain Doherty from SCCU said,
“Making your home more energy efficient will have long term benefits for your wallet as well as the planet. We can help you finance home energy upgrades and offer personalised support. We specialise in taking a flexible approach, to make finance more accessible for projects of any size. For any homeowner who wants to find out more about how to access a Greenify loan, they can call into our local offices in Claremorris or Ballinrobe.
*Greenify is a green home energy upgrade loan. The aim of Greenify is to help our members finance home energy upgrades to make their homes more energy efficient, more comfortable and more sustainable. Eligible projects include heating system upgrades, insulation, solar panels and upgrading doors and windows.