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Energy-Efficiency Loans

The Energy-Efficiency Loan Program is offered by Valley Oak Credit Union
a Participating Lender in the GoGreen Home Energy Financing Program

Program Description

The Energy-Efficiency Loan Program is offered through Valley Oak Credit Union, a GoGreen Home Lender. The Energy-Efficiency Loan Program offers an unsecured no-fee loan to pay for eligible energy-efficiency and demand response projects for qualified single-family residential customers in Tulare and Madera Counties. Up to 30% of the loan can be used to pay for other, non-energy-efficiency home improvements, such as water-saving projects and remodeling!

Go Green • Go Solar!

Additionally, GoGreen Home contractors can offer financing for bundled solar PV + battery storage, EV chargers, and battery storage for preexisting solar! Financing can include panel upgrades, roof repair, battery enclosure mitigation, permit costs and other necessary work.

Learn More About Our GoGreen Program  Apply Online & Go Green Today!

Benefits

  • No lien on your property
  • Competitive rates and affordable payments
  • No money down, no closing costs and no prepayment penalties
  • Borrowers with a wide range of credit scores may qualify
  • Use up to 30% of loan amount toward non-energy-efficiency improvements
  • 90-days no payment option available 

Availability

Madera and Tulare Counties

Miscellaneous Information

The property must receive gas and/or electric service from either Pacific Gas & Electric, SoCal Gas and/or Southern California Edison. Solar and other renewable energy-efficiency projects can not be financed. 

Rates Effective May 1, 2025*

RATE* (APR)
FICO Rate
760+ 5.62%
700-759 6.12%
680-699 6.62%
650-679 7.12%
590-649 8.12%
TERM & AMOUNT
Term (years) Min $ Max $
1 - 5 $1,500 $50,000
6 - 10 $10,000 $50,000
11 - 15 $25,000 $50,000
16 - 20 only available for bundled Solar & Battery Storage Loans $50,000 $75,000
FEES
Fee Type Amount
Membership Fee (one time) $5

Learn More About Our GoGreen Program  Apply Online & Go Green Today!

*The maximum interest rate is capped at the 10-year treasury rate, which varies, plus 7.5%. As of January 3, 2022 the 10-Year Treasury Rate was 1.63% resulting in a maximum rate of 9.13%

Borrower Requirements

  • Must live, work, or attend school in Tulare or Madera County
  • Must join credit union prior to funding
  • Minimum 590 credit score
  • No foreclosures or bankruptcies within the past year
  • Income verification required
  • Equity in property is not required

Property Requirements

  • Single family residential properties
  • Must receive gas and/or electric service from either Pacific Gas & Electric, SoCal Gas and/or Southern California Edison

Project Requirements

  • 70% of the loan must be for Eligible Energy-Efficiency Measures (EEEMs). Click here for a list of eligible measures. Other alterations necessary to complete the project may be included in the 70%.
  • The remaining 30% of the loan may finance other home improvements including general remodeling, water-efficiency and demand response projects.

Documents Needed For Lender

  • Certificate of Completion
  • Final Itemized Invoice
  • Current utility bill
     

Learn More About Our GoGreen Program  Apply Online & Go Green Today!

*The maximum interest rate is capped at the 10-year treasury rate, which varies, plus 7.5%. As of July 1, 2020, the 10-year treasury rate 10.62% making the maximum interest rate 8.12%.  Rates and terms are subject to change.

The accuracy of our calculators and their applicability to your circumstances are not guaranteed. You should consult with a qualified professional regarding your particular circumstances.