What is the Home Energy Upgrade Loan? (HEULS)
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The Home Energy Upgrade Loan is a low-interest loan for homeowners who want upgrade the energy efficiency of their home.
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You must use the loan for home energy upgrades that are also funded by a home energy upgrade grant from the Sustainable Energy Authority of Ireland (SEAI).
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You can get the loan for the home you live in, or a property you rent out.
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The loan can be drawn down before you start the work. This removes some of the upfront financial barriers to getting the upgrade works done.
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Loans are available until 31 December 2026 or until the funding runs out.
How much can I borrow?
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You can borrow between €5,000 and €75,000 per property.
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You can get loans for up to 3 properties or €225,000 per applicant.
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Loan terms range from a minimum of one year up to a maximum of 10 years.
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The loans are unsecured loans. This means that no security or personal guarantee is needed.
What are the other terms and conditions?
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At least 75% of the loan must be used for energy efficiency measures.
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25% can be used for non-energy related works, like redecorating your home.
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The banks participating in the scheme are offering interest rates that start from 3%.
How can Premier Solutions help me get started?
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We can prepare a Summary Report for you to bring to your bank, which you need to apply for the loan.
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You must be registered on our Home Energy Upgrade Grant Scheme.