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Government retrofitting loan scheme by 2024

Homeowners will be able to borrow from €5,000 to €75,000 for a term of up to 10 years under the scheme.

The €500 million scheme is the first of its kind for Ireland.

It will play a crucial role in helping homeowners to invest in energy efficiency, making their homes warmer, cheaper to run and helping to lower emissions.

The loans can be used for comprehensive energy efficiency and renewable energy upgrades where those works are also being grant-aided by the Sustainable Energy Authority of Ireland (SEAI).

Minister for Environment Eamon Ryan said it would assist “those households who don’t have the cash to be able to do the scale of the job that they might want to do” and that “the savings you make in the house in the bills help cover the cost of that loan”.

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