MHFA Home Energy Loan Program

Through the Minnesota Housing and Finance Agency, CEE offers low interest home energy loans for Minnesota homeowners to make energy improvements in their homes. The guidelines below are subject to change at any time without notice. Loan funds are subject to availability. Please call us for complete details. 

Thanks to local partnerships, we offer special programs and incentives for several Minnesota cities and neighborhoods. Call 612-335-5884 to make sure you get the best deal for your area.

Interested in solar for your home? Reference our solar energy loan.

Secured Home Energy Loan

  • Terms up to 20 years

  • Loan amounts up to $25,000 loan maximum

  • No maximum income limit

  • This loan is secured by a mortgage on your property 

  • Closing costs apply

Property Eligibility

  • Owner occupied, primary residents

  • 1-4 units

  • Properties under construction or held in trust are not eligible


Unsecured Home Energy Loan

Loan Terms

  • Click for current interest rates

  • No maximum income limit

  • Loan amounts up to $25,000

  • Terms up to 10 years

  • This loan is NOT secured by a mortgage on your property

  • Closing costs apply

Property Eligibility

  • 1- 4 unit owner-occupied, primary residence

  • Properties under construction or held in trust are not eligible


Eligible improvements 

  • Homeowners with questions about project(s) eligibility should contact CEE.

  • 1 bid is required from a qualified license contractor.

Heating Systems

Natural gas or propane furnace AFUE >= 95
Oil furnace, AFUE >=85
Gas, propane or oil hot water boiler AFUE>= 90
*Programmable thermostat installation required

Central A/C

Split systems: SEER >=15, EER >= 13
Package systems: SEER>= 14, EER >= 12 
Mini-split systems: SEER>= 15, EER >= 13 
*Programmable thermostat installation required

Light Fixtures

Must meet Energy Star requirements (Energy Star CFL fixtures replace less efficient incandescent fixtures, are hardwired and use pin-based lamps).

Window Replacement

Windows must be Energy Star qualified under Federal guidelines. Patio doors are eligible.

Attic Air Sealing

Testing the air tightness of a home using a calibrated door will measure the quantity of air leakage and air sealing effectiveness. Attic air sealing is a prerequisite for wall/attic insulation loan eligibility.

Attic Insulation

Attic insulation must be combined with attic air sealing for loan eligibility. Final R-Value >= R-44.

Wall Insulation

All external wall cavities must be filled with insulation.  Loan eligibility is conditional on attic air sealing being performed.

Water Heater

Gas storage units >= 0.67 Energy Factor (EF)
Gas tankless units >= 0.82 EF with 2.5 gpm @ 77°F rise
Electric storage units = 0.95 EF
Electric heat pump storage unit >=2.0 EF


The current loan terms and conditions stated, including interest rates, do not constitute a commitment to lend or an offer to enter into an agreement. Such an offer may only be made pursuant to Minnesota Statutes, Section 47.206(3) and (4).

*APR is based on $15,000 loan amount for 10 years.