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A Michigan Saves authorized contractor will help you choose the right projects to make your home more comfortable and energy efficient, and will walk you through the financing process. Request Consumers Credit Union with your contractor.
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 Michigan Saves
Consumers Credit Union is proud to be a participating lender with the Michigan Saves Home Energy Loan Program making saving energy at home easy, affordable, and smart.
Michigan Saves: Easy as 1-2-3
- Find a Michigan Saves authorized contractor to get an estimate on qualifying energy improvements. Have an energy assessment or pick from the Michigan Saves Eligible Measures List.
- Complete the loan application and get a decision within minutes. Your contractor will initiate this process.
- Once the loan is approved, your contractor makes the energy improvements. Your contractor is paid after the work is done to your satisfaction.
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Program Details
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Loan type
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Unsecured, personal loan
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Eligible improvements
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Energy-saving improvements pre-qualified by Michigan Saves or those recommended by a whole-home energy assessment
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Loan amounts
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$1,000-$20,000**
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Loan term
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$1000-$4,999: Term is 1 year for every $1,000
$5,000 and up: Terms are flexible up to 10 years (e.g., sample monthly payment for 7-year, $6,000 loan at 7% APR* is $90.56)
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Loan rates
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Fixed APR* not to exceed 7%
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Eligible properties
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Owner-occupied, single-family (1–4 unit) homes (primary residence only)
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*APR = Annual Percentage Rate
**Maximum loan amount is $12,500 for some lenders. Ask a Michigan Saves participating lender for details.
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