Who Offers the Home Energy Upgrade Loan Scheme in 2025?
The Strategic Banking Corporation of Ireland (SBCI)* Home Energy Upgrade Loan Scheme is a government-backed initiative designed to help homeowners finance energy efficiency improvements. This scheme offers low-interest loans to support retrofitting projects such as insulation, heat pumps, and solar panels in conjunction with SEAI grants.
If you're considering an energy upgrade for your home, knowing which financial institutions currently offer this scheme is essential. Below is an up-to-date list of lenders participating in the SBCI Home Energy Upgrade Loan Scheme in Ireland.
Note: 75% of the loan amount must go towards home energy upgrades.
Home Energy Upgrade Loan Calculator
Use our Home Energy Upgrade Loan Calculator to easily estimate your loan options and find the best financing solution for your energy-efficient home improvements. Below, you'll find a list of trusted lenders along with their current rates and key features to help you make an informed decision.
Please note that the loan estimates provided by the calculator are for informational purposes only and may vary based on your creditworthiness, loan term, and other factors. Rates and terms from lenders listed below are subject to change and may not be available to all applicants. Be sure to consult directly with lenders for the most accurate and up-to-date information before making any financial decisions.
Lender Rate Guide
-
Loan Amount - €5,000 - €75,000
Interest Rate - 3.5%
Variable Rate
3.55% APR*
*APR stands for Annual Percentage Rate
-
Loan Amount - €5,000 - €75,000
Interest Rate - 2.95%
Variable Rate
3% APR*
*APR stands for Annual Percentage Rate
-
Loan Amount - €5,000 - €14,999
Interest Rate - 4.55%
Variable Rate - 4.60% APR*
Loan Amount: €15,000 - €24,999
Interest Rate - 4.15%
Variable Rate - 4.20% APR
Loan Amount: €25,000 - €49,999
Interest Rate - 3.85%
Variable Rate - 3.90% APR
Loan Amount - €50,000 - €75,000
Interest Rate - 3.55%
Variable Rate - 3.60% APR
*APR stands for Annual Percentage Rate
-
Loan Amount - €5,000 - €9,999
Interest Rate - 7%
Variable Rate - 7.2% APR*
Loan Amount - €10,000 - €19,999
Interest Rate - 5.7%
Variable Rate - 5.9% APR
Loan Amount - €20,000 - €75,000
Interest Rate - 3.69%
Variable Rate - 3.75% APR
Current Lenders Offering the SBCI Home Energy Upgrade Loan
As of 2025, the following financial institutions provide loans under this scheme:
AIB
Loan Amount
€5,000 - €75,000
Interest Rate
3.5%
Variable Rate
3.55% APR*
Key Features:
Borrow between €5,000 and €75,000 per property.
Each borrower can apply for up to 3 properties up to a maximum of €225,000 in total.
Loan term from one year to 10 years (depending on amount).
Flexible monthly repayments – choose a date that suits you to repay your loan.
No security required.
You do not need to be an existing customer of AIB to apply for this loan
The rate is variable, and may go up or down for the duration of the loan as general interest rates fluctuate
More details: AIB SBCI Home Energy Upgrade Loan
*APR stands for Annual Percentage Rate
Bank of Ireland
Loan Amount
€5,000 – €75,000
Interest Rate
2.95%
Variable Rate
3% APR*
Key Features:
Unsecured variable rate loan of 3% APR
Borrow between €5,000 – €75,000 per property
Loan terms from 1 to 10 years
Flexible repayment options – clear your loan early and pay less interest
Option to defer your first three monthly repayments if you repay your loan on a monthly basis**
You do not need to be an existing customer of BOI to apply for this loan
** More details: Bank of Ireland Home Energy Upgrade Loan
*APR stands for Annual Percentage Rate
PTSB
Tiered Interest Rates
Rates vary depending on the loan amount. Below is an example:
Sample Loan Amount
€25,000 - €49,999
Interest Rate
3.85%
Variable Rate
3.90% APR
-
Loan Amount - €5,000 - €14,999
Interest Rate - 4.55%
Variable Rate - 4.60% APR*
Loan Amount: €15,000 - €24,999
Interest Rate - 4.15%
Variable Rate - 4.20% APR
Loan Amount: €25,000 - €49,999
Interest Rate - 3.85%
Variable Rate - 3.90% APR
Loan Amount - €50,000 - €75,000
Interest Rate - 3.55%
Variable Rate - 3.60% APR
*APR stands for Annual Percentage Rate
Key Features:
The minimum loan amount is €5,000
The maximum loan amount is €75,000
You do not need to be an existing customer of PTSB to apply for this loan
The rate is variable, and may go up or down for the duration of the loan as general interest rates fluctuate
No early repayment fees
Flexible repayments
More details: PTSB SBCI Home Energy Upgrade Loan
*APR stands for Annual Percentage Rate
An Post Money
via Avant Money
Tiered Interest Rates
Rates vary depending on the loan amount. Below is an example:
Sample Loan Amount
€20,000 - €75,000
Interest Rate
3.69%
Variable Rate
3.75% APR*
-
Loan Amount - €5,000 - €9,999
Interest Rate - 7%
Variable Rate - 7.2% APR*
Loan Amount - €10,000 - €19,999
Interest Rate - 5.7%
Variable Rate - 5.9% APR
Loan Amount - €20,000 - €75,000
Interest Rate - 3.69%
Variable Rate - 3.75% APR
Key Features:
Avant Money, in partnership with An Post Money, recently joined the scheme, providing more options for homeowners seeking energy upgrade loans.
Unsecured reduced fixed interest rate loans from 3.75% APR.
Loans from €5,000 - €75,000 per property and repay over terms from 1 to 10 years.
Use at least 75% of the loan for energy efficiency purposes.
Flexibility to spend up to 25% of the loan on non-energy related works (e.g. redecorating your home).
Not be offering the loan in respect of properties that are currently being used, or have been used in the previous 12 months, or will be used in the next 12 months, for any rental or similar arrangement.
More details: An Post Money SBCI Home Energy Upgrade Loan
*APR stands for Annual Percentage Rate
What Can You Use the SBCI Home Energy Upgrade Loan For?
The SBCI Home Energy Upgrade Loan is intended for homeowners looking to improve their home’s energy efficiency. Eligible upgrades include:
Insulation improvements (walls, attic, floors)
Heat pump systems
Solar PV panels
Window and door replacements
Energy-efficient heating controls
These upgrades can significantly lower energy bills and improve home comfort while increasing property value.
Why Choose the SBCI Home Energy Upgrade Loan?
Low-interest rates compared to standard personal loans
Flexible repayment terms to suit different budgets
No early repayment fees, making it easier to pay off the loan sooner
Government-backed initiative with trusted lenders
Can be used alongside SEAI and derelict house grants to maximise savings
How to Apply for the SBCI Home Energy Upgrade Loan?
To apply for this loan, follow these steps:
Check your eligibility – Ensure your planned home upgrades meet the scheme’s requirements.
Get an SEAI grant approval – Many upgrades qualify for SEAI grants, reducing your overall costs.
Choose a lender – Select one of the participating financial institutions listed above.
Submit an application – Apply directly through your chosen lender’s website or branch.
Receive funds and start your retrofit – Once approved, funds will be provided to help you finance your home energy upgrades.
Maximise Your Home’s Energy Efficiency with the SBCI Home Energy Upgrade Loan
The SBCI Home Energy Upgrade Loan Scheme is a fantastic opportunity for Irish homeowners looking to make their homes more energy-efficient. With several banks and financial institutions offering this low-cost financing, now is the perfect time to invest in a sustainable home upgrade.
For more details, visit your preferred lender’s website and explore how you can take advantage of this scheme to make your home greener and more efficient.