Credit Union
Green Loan

Great value loans

Interest calculated on reducing loan balance

Over €38 million

Borrowed by members last year


Loan approval rate

Simple loan process

Quick turnaround on standard loans

Credit Union Green Loan

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

If you’re planning on making your home more energy efficient, we’ll help you pay for your home energy upgrade with our new Irish 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.

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

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.

Why choose a Green Loan

  • Discounted interest rate of 6% (6.17% APR)
  • Reduce your energy bills
  • Variety of grants available
  • Borrow up to €100,000
  • Free Loan Protection Insurance*
  • Fair and transparent lending process
  • No set-up fees or hidden charges

infoApply for a loan today. Not a member? You can join & apply at the same time.

Loan calculator

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APR means Annual Percentage Rate. The repayment amount quoted is for illustrative purposes only, to provide you with an overview of the potential cost of borrowing. Restrictions may apply.

Warning: 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.


Repayment Example:

Green Loan @ 6%. A Green Loan of €25,000 over 5 years would cost €483 per month at a variable rate of 6% (6.17% APR). The cost of credit is €3,999 and the 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 calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing.

Loan amounts and 99% approval rate is based on figures from 2020. Rates are correct as of 1/02/2022 and are subject to change. Croí Laighean Credit Union is regulated by the Central Bank of Ireland.

What is a Green Loan?

A Green Loan, also known as a Green Home Improvement Loan is a loan that is for the specific purpose of funding home improvements for sustainable, environmentally friendly purposes, such as reducing CO2 emissions or reducing your overall electricity or fossil fuel usage. Green Home Improvements are not only good for the environment, but they can also help make considerable savings on your fuel and electricity bills. They also add value to your home and will make your home warmer, cosier and healthier.

Examples of Green Home Improvement projects include:

  • Wall insulation, floor insulation & attic insulation
  • Upgrading windows and doors
  • Windows and Doors
  • Installing a heat pump such as an Air to Water Unit
  • Adding heating controls
  • Installing Solar PV Panels that convert light into electricity

If you’re considering availing of a Green Home Improvement Loan, talk to us today. You can find more information on Green Home Improvements and how to reduce your energy bills by clicking here.

How to apply for a Green Loan

Decide what energy upgrades best suit your home, and your budget.

Choose an SEAI registered contractor and agree scope of works.

Please include the quote and the completed SEAI Declaration of Work document(s).

Need some help or advice?

Our member services are on hand to help in any way we can. If you have questions about our Green Loan services, please contact our team today.