Energy efficiency financing

A smart choice

Homeowners can pre-qualify for easy and affordable SMUD financing on energy efficient equipment upgrades that can save thousands of dollars over the life of the loan. You won’t find any mysterious interest charges, origination costs or pre-payment fees that are common with many home improvement loans. The person applying:

  • must be the same person as recorded in the county clerk recorder’s office on the property's grant deed.
  • must be the same person who holds the electric utility account.
  • cannot have a security freeze on their consumer credit report records.

Find a contractor

Calculate your payment

Loan amount
Loan term (years)
Monthly payment
$40 minimum payments are required for SMUD financing
Learn more about our financing program.
Find out how you can get energy efficient equipment.

Loan comparison



Interest rate 

6.99% fixed rate 15-year term 7.75% (or higher on 25-year term)
Pre-payment fee None Amount determined by remaining loan term
Closing costs None Can be $700 (or more)
Origination fee None Usually 3% of amount financed
Equity requirement None As much as 15%
Annual fee None Averages $35
Recording fee None As much as $95
Have questions on SMUD financing? Give us a call at 1-916-732-5472. For all other questions, please call 1-888-742-7683.