Seven Credit Unions join the Home Energy Updrade Loan Scheme

Posted on: 04 Apr 2025

The Irish League of Credit Unions welcomes the announcement from the Department of the Environment, Climate and Communications that seven of its affiliated credit unions - Clonmel Credit Union, Connect Credit Union, First South Credit Union, Listowel Credit Union Ltd., Naomh Breandain Credit Union, North Midlands Credit Union, and Progressive Credit Union - have joined the Home Energy Upgrade Loan Scheme.
 
This government-backed initiative aims to make energy efficiency upgrades more accessible and affordable for homeowners across Ireland. With loans ranging from €5,000 to €75,000, terms up to 10 years, and competitive interest rates, the Scheme empowers homeowners to enhance the comfort and energy performance of their homes.
 
 According to David Malone, CEO, Irish League of Credit Unions
"The ILCU is delighted to support seven of our leading credit unions to join this important initiative. As the country’s leading provider of home improvement loans, credit unions play a vital role at the heart of local communities, making them an important addition to this scheme.

"We know that the cost of home energy upgrades can be a significant barrier for homeowners. By offering low-cost loans through this scheme, participating credit unions will provide important supports to members, enabling them to enhance the comfort, warmth and energy efficiency of their homes".