Introduction
Am I eligible for this loan?
This scheme is open to new and existing Naomh Brendan Credit Union members undertaking home energy upgrades using a Sustainable Energy Authority of Ireland (SEAI) registered One Stop Shop, Energy Partner, or Community Project Co-ordinator.
The first step is to confirm that your home and improvement plans fit the eligibility criteria. The loan is for private homeowners in Ireland (including rental properties). Mixed-Use Property, Short-Term Lettings and Holiday Homes do not qualify.
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Loan Purposes
The loan must be used for the purposes of upgrading the energy efficiency and de-carbonisation of the home, this means:
- At least 75% of the loan needs to be used on eligible items including fabric upgrades (e.g. insulation) and/or renewable energy solutions (e.g. heat pumps).
- A maximum of 25% of the loan can be used for ancillary expenses excluding any form of fossil fuel boilers.
- The upgrades need to result in at least a 20% improvement in your home's energy efficiency, your chosen SEAI registered One Stop Shop, Energy Partner, or Community Project Co-ordinator will assess this for you.
- Unsecured loans are available for amounts from €5,000 up to a maximum of €75,000 per property for terms from 1 year to a maximum of 10 years.
- Customers can apply for SBCI Home Energy Upgrade loans in respect of up to a maximum of three Relevant Properties.
The first step is to engage with an SEAI registered One Stop Shop, Energy Partner, or Community Project Co-ordinator and have a home energy assessment completed before applying for the loan.
Applications that do not meet the SBCI Eligibility criteria will be identified prior to submission and will not proceed.
Still unsure?
If you have any questions or need further clarification about this loan, don't hesitate to reach out to one of our loan officers. You can contact us at (091) 841 773 or info@naomhbrendancu.ie.
FAQs
Once you are a member of Naomh Brendan Credit Union, and you meet the eligibility criteria for the scheme, you can apply for this loan.
Please note: Before applying, you must have your property assessed by a registered SEAI One Stop Shop, Energy Partner, or Community Project Coordinator who will provide you with a Home Energy Ummary Report.
Our interest rate is variable, and is 2.99% APR.
The first document you will need to provide us with is the Home Energy Summary Report. Your chosen SEAI Registered One Stop Shop Provider, Energy Partner or Community Project Coordinator will carry out the energy assessment of your house and provide this one-page document to you.
If we require any additional documents, you will be advised of this during the application process.
Once you have submitted your application, along with a Home Energy Summary Report, you will hear back from a loan officer within 2 - 5 working days. If you have any queries in the meantime, please contact us on (091) 841 773
The loan must be used for upgrading the energy efficiency of residential properties located in the Republic of Ireland.
Yes. You can borrow up to €75,000 per property for a maximum of three properties.
The Home Energy Summary Report is a one-page document provided to the homeowner by a SEAI-registered One Stop Shop, Energy Partner, or Community Project Coordinator following an assessment of the property.
This document included information on the property, such as the Meter Point Reference Number (MPRN), and the proposed upgrade, such as the proposed uplift in energy performance and the total proposed costs of the project.
To get a copy of the Home Energy Summary Report, you must contact a SEAI-registered One Stop Shop Energy Partner, or Community Project Coordinator and schedule an assessment of your residential property.
Yes, the cost may vary depending on the energy assessor and the size of your home.
Please note: The cost still applies whether the loan is approved or declined.
You can borrow a minimum of €5,000 up to a maximum of €75,000 per property (up to a maximum of 3 properties)
You can choose to repay your loan under the Home Energy Upgrade Loan Scheme over 1 to 10 years.
If you are still unsure as to whether you meet the criteria for this loan, please reach out to our friendly member service officers, who will be glad to assist you.



