MCE's Residential Energy Storage Direct Loan Program

Learn more about MCE's Residential Energy Storage Direct Loan Program

Guaranteed, low-interest monthly payment financing for qualifying resilience measures for homeowners participating in MCE’s Energy Storage Program.

  • 100% financing available, instant credit decision, easy paperless process and responsive communication with you and your contractor.
  • Simple interest installment loan, not a credit card, guaranteed fixed rate and payment for life of loan with no lien on your home and no hidden costs. You may pay off at any time or pay ahead without penalty.
  • From NEIF, a B Corporation™, certified to meet the highest standards of compliance & fair lending and a U.S. Department of Energy Home Improvement Expert.

Click here to learn more about MCE’s Energy Storage Program!

Three Simple Steps For Customers

1. Choose the payment that fits your budget

You can pay off early or pay ahead with no penalty. 

2. Apply to NEIF for an instant credit decision

Apply online through your contractor’s application link. 

3. Sign electronic loan documents from NEIF

NEIF pays your contractor when the work is completed to your satisfaction.

Who is Eligible?​

Homeowners participating in MCE’s Energy Storage Program and qualifying improvements to their primary residence (1 to 4 units on permanent foundation). Improvements must be installed by a NEIF-Approved Contractor.

MCE will determine your program eligibility.

  • Amounts from $1,500 to $50,000
  • 0.00% for Qualifying Low-Income Customers with terms up to 10 years
  • 2.50% for Priority Residential Customers with terms up to 10 Years
  • 5.50% for Most Other Customers with terms up to 5 years

What improvements Qualify?

  • Battery Energy Storage System
  • Smart Panel
  • Electrical Panel Size Upgrades

Contractor Training

Contact Business Development Specialist, Brittany Heller, with any questions.