Colorado Residential Energy Upgrade
Affordable, trustworthy financing
for home energy upgrades
RENU is a statewide program of the Colorado Energy Office that offers low-cost financing to homeowners for upgrades that improve home energy efficiency.
- Energy efficient heating and cooling systems
- Insulation and air sealing
- Water heaters
- ENERGY STAR appliances
- Windows and doors
- Home energy assessments
- Monitoring systems and smart thermostats
- Solar electric and solar thermal systems.
The RENU program is partnering with Elevations Credit Union to offer loans of $500 to $35,000 at competitive interest rates for terms of three to 15 years.
Homeowners can finance up to 100% of the cost of the project.
NOTE: RENU borrowers MUST use an approved contractor for upgrade measures. As of July 2018, this is the list of local contractors approved for RENU. For contact information, open the "Contractor locator" menu at left.
If your preferred contractor is not on this list, contact a CLEER energy coach for assistance: 704-9200.
A-1 Heating and Cooling
About Saving Heat
Building Performance Contractors
Cady and Associates
Climate Control Company
Diamond H Enterprises
Last updated 7/16/18
Purchasing a new home?
New home buyers can use the RENU loan program to make upgrades for their new home. The Home Energy Score report will list needed upgrades.
Garfield Clean Energy's
Residential Revolving Loan Fund
Garfield Clean Energy and Energy Smart Partners LLC have worked as partners since 2012 to offer residential loans for energy efficiency and renewable energy upgrades.
More than 35 households have borrowed from this fund for a variety of upgrades. These borrowers continue to pay back their loans.
With the advent of the statewide RENU program, which offers more flexibility in loan options, Garfield Clean Energy encourages homeowners to use this new funding option.
Existing loans through the Garfield Clean Energy continue to be valid and payment terms remain the same.
Homeowners who experience any difficulty seeking a loan through RENU are still welcome to apply for financing through Garfield Clean Energy's Residential Revolving Loan Fund.
Loan amounts: $1,000 minimum, $25,000 maximum
Loan terms: 5 to 10 years
Interest rates: 3.75 to 8.5 percent, depending on loan term and the borrower’s credit rating
Fees: Borrowers pay a $25 application fee plus a $125 closing fee.
Contact an Energy Coach
Maisa Metcalf (se habla español)
(970) 704-9200 ext. 1101
(970) 704-9200 ext. 1103