Emergencies

Projects may not be started prior to Energy Office commitment of funds to your lender except in two emergency situations:

  • When a heating system fails or is red-tagged during the winter months of September through May, or
  • When a cooling system fails during the summer months and immediate replacement is essential for verifiable medical reasons.
In either case, the lender must obtain Energy Office approval for immediate installation of qualifying equipment. Then the improvement may be financed with a conventional loan until the Energy Office commits funds to refinance the balance with an energy loan.

Equipment installed in an emergency must still meet minimum performance requirements and the borrower must still meet the lender’s credit requirements.
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