Suburban Ramsey County Energy Conservation Deferred Loan

Center for Energy and Environment partners with Ramsey County to offer the Energy Conservation Deferred Loan to residents who have completed a home energy audit. The guidelines below are subject to change at any time without notice. Loan funds are subject to availability. Please call us for complete details.

Loan Terms

  • Loan amounts up to $10,000
  • 0% APR
  • 100% of the loan is forgiven if the borrower remains on the property for 10 years
  • Maximum of $50,000 in assets - excluding home, automobiles and retirement funds.
  • Income limits listed below
Household Size Income Limit
1 person $50,350
2 people $57,550
3 people $64,750
4 people $71,900
5 people $77,700
6 people $83,450
7 people $89,200
8 people $94,950

 

Eligible Properties

  • Owner-occupied residential properties located in Ramsey County (outside city of St. Paul)
  • 1-4 units

Eligible Improvements

  • Eligible improvements will be identified during an in-home energy audit.
  • Most energy improvements are eligible including furnace, boiler and insulation.
  • Multiple bids are required from a qualified, licensed contractor. 
 
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, and that such an offer may only be made pursuant to Minnesota Statutes, Section 47.206(3) and (4).