Credit Union
Green Loan

Credit Union
Green Loan

Our New Green Loans

Our new Green Loan will help you make energy-saving improvements to your home at a low rate of 6% (6.17% APR).

Whether you’re planning a full retrofit such as insulating your attic, walls and changing your heating, or wish to avail of solar electric power, we have a green loan for you.

Standard Green Loan

If you’re planning on making your home more energy efficient, we’ll help you pay for your home energy upgrade with our new Green Loan. Borrow up to €100,000 for up to ten years and avail of grants from the SEAI to help part fund your home upgrade project.

To avail of this loan, the home energy upgrade work must be eligible for SEAI grants. Members must produce a valid quotation and a completed SEAI Declaration of Works.

Not a Member? Join today!

Standard Green Loan Benefits

  • 6.0% variable rate (6.17% APR)
  • Variety of grants available
  • Borrow up to €100,000
  • Free Loan Protection Insurance*
  • Tailor your repayments
  • Reduce your energy bills
Loan Type
Decrement Amount
Increment Amount
Decrement Term Increment Term
  • Weekly Total Interest
  • Fortnightly Total Interest
  • Monthly Total Interest

How to apply for the Green Loan

The following grants are available to eligible homes – grant amounts vary depending on the type and age of the property. Please click here to see how much is available for your home.

Grant name New Grant Value
Heat Pump Systems
(Pre 2021)
up to €6,500
Heat Pump Air to Air
(Pre 2021)
Heating Controls €700
Solar Hot Water
(Pre 2021)
Attic insulation
(Pre 2011)
up to €1,500
Cavity wall insulation
(Pre 2011)
up to €1,700
Internal Insulation (Dry Lining)
(Pre 2011)
up to €4,500
External Wall Insulation (The Wrap)
(Pre 2011)
up to €8,000
BER €50
Technical Assessment €200

Good for the environment. Good for your pocket.

Carbon reduction and going green are the buzz words of the last few years but in recent months, the spiralling costs of electricity have taken a front seat with many people experiencing a 50% increase in the cost of energy since 2020.

Making your home more energy efficient is not only good for the environment, but it’s also good for your pocket. Poor insulation, doors, windows, and inefficient heating systems can lead to a drafty and cold home that literally haemorrhages money. Energy upgrades to your home will add to it’s value and if you have a mortgage, you may be able to move to a lower green mortgage rate if you bring the BER rating up.

There are a wide variety of grants available from the SEAI to help cover the cost of retrofits, and with our new Green Loans, you can finance the balance at a low rate of 6%. If you are upgrading an older home, it’s recommended that you aim for a minimum BER of B2. You should also switch your heating system from oil or gas to a heat pump if possible.

What is an energy upgrade?

A full home energy upgrade will transform the comfort levels of your home and reduce your energy bills. Energy upgrades include:

  • Energy efficient heating upgrades including heat pumps, central heating, and air to water systems
  • Solar or thermal panels (for heating water)
  • Solar PV panels (for generating electricity – includes inverters and batteries)
  • Insulation including attic, cavity wall, internal and external wall
  • Energy efficient doors and windows

Repayment Example:

Green Loan @ 6%. A Green Loan of €25,000 over 5 years would cost €483 per month at variable rate of 6% (6.17% APR). Cost of credit is €3,999 and total amount repayable is €28,999. Variable rates may increase which would cause the cost of credit to increase.


While every care has been made in the production of this web page, the Credit Union, or any of its staff, cannot be held responsible for any omissions, errors or other mistakes on the site. This web page is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing.

This does not constitute a loan offer. Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future. For more information, contact us on freephone 1800 23 24 25.

Rates are correct as of 30/06/2022 and are subject to change. Croí Laighean Credit Union is regulated by the Central Bank of Ireland.

* Terms and conditions apply.