Increasingly, many of us are feeling the hike in energy prices, meaning it’s now much more expensive to heat our homes. If you’re based in the city, energy efficiency loans in Bristol could help fund eligible home upgrades.
What could you use an energy efficiency loan for?
You could save energy at home by making eligible home improvements, such as:
- Adding insulation (for your loft, floor, cavity walls, external walls)
- Installing double or triple glazing windows and doors
- Or upgrading your heating system (could a heat pump be right for you?)
Making these changes could even reduce your energy bills (source: Energy Saving Trust) depending on your property and circumstances, helping you heat your home for less. We recommend that you carry out an independent retrofit assessment to find out which works are suitable for your home and budget. You can check eligible home improvements here.
Home energy efficiency advice in Bristol
Retrofit West CIC, funded by the West of England Mayoral Combined Authority, are set up to help homeowners in the Bristol area and beyond with free home energy advice. Their experts can advise you on the measures best suited to your home and circumstances, help you with home energy assessments, as well as pointing you towards their directory of trusted installers. Find out more about their free services at www.homeowners.retrofitwest.co.uk.
You can also find information about domestic energy-efficiency via Bristol City Leap, an organisation committed to decarbonisation at city-scale. Closely linked with Bristol City Council, Bristol City Leap deliver social value on a large scale as well as a wide range of projects with local businesses, schools and social housing.
Need inspiration?
Explore how other residents have upgraded their homes in our Customer Stories here.
How could I get an energy efficiency loan in Bristol?
Applying for a home energy efficiency loan in Bristol is designed to be accessible, subject to eligibility and assessment. The Bristol City Council’s loan scheme is delivered by Lendology CIC, a Social Enterprise Lender, who have worked in partnership with Bristol City Council since 2005. Lending council funds ensures a recycling pot of capital, and Lendology support a wide range of homeowners from those who are employed, on a low-income, self-employed, in receipt of benefits or retired.
Representative Example (4% fixed interest rate, Representative 4.2% APR). Borrow £10,000 over 120 months at £101.25 per month. Total amount repayable = £12,149.42 plus £20 Land Registry fee. No early repayment charges. Other loan products are available, and your adviser will discuss your options at a free, no-obligation appointment. Loans are subject to status and are typically protected by a Title Restriction. Missing payments could affect your credit rating and ability to obtain credit in the future. A Title Restriction means that you may not be able to sell your home without our permission unless the loan is fully repaid. This is a financial promotion approved by Lendology CIC.
How to apply for an energy efficiency loan in Bristol
- Check what support is available through your local council
- Or speak to our team first if you’d like to talk things through, on 01823 461099
- View the full application process here
- When you’re ready, you can apply online
You can apply for an energy efficiency loan through Lendology’s online application form or call on 01823 461099. Loans are subject to status.
What if I need fuel poverty support?
The Centre of Sustainable Energy (CSE) are a Bristol-based charity operating for over 40 years, tackling the climate emergency by transforming our current energy system with research, education and support. For those experiencing fuel poverty, or if you want to know more about support for people impacted by cold, inefficient homes, visit www.cse.org.uk or call 0117 934 1400.
The above information does not constitute financial advice and should not be considered as such. It is intended to support individuals by signposting them to relevant services that may be able to support them.
Lendology CIC is a community interest company limited by guarantee, registered in England, company number 4512225. Registered address: Heatherton Park Studios, Bradford on Tone, Taunton TA4 1EU. Lendology CIC is authorised and regulated by the Financial Conduct Authority (675263) for credit regulated activities.
