Renewable Energy and Energy Efficiency Loans
As part of the Broadland Sustainable Homes Scheme, we are able to offer 0% interest loans of up to £5,000 over 3 years, for a range of domestic energy efficiency, renewable energy systems and carbon reduction systems. This includes solar PV and solar thermal panels, air and ground source heat pumps, insulation, glazing and other technologies; see below for the full list. You will be asked to provide evidence of scheme accreditation and length of guarantee. You must become a member of ESLSCU to apply for this 0% loan.
To qualify for a Broadland Sustainable Homes Scheme you must be a homeowner within the Broadland District Council area and adhere to the installer requirements outlined below.
- No setup fees or additional charges
- Loans repaid over 3 years
- Homeowners in Broadland District only
- Wide range of renewable energy technologies covered
- Includes Solar PV and solar thermal panels,
- Air and ground source heat pumps
- Plus biomass boilers and domestic wind turbine
- Plus insulation or glazing energy efficiency measures
How much will it cost for a Broadland Sustainable Homes Loan?
Representative Example:
Borrowing £5,000.00 over 36 months will cost £138.89 a month. The total amount repayable is £5,000.00 which includes interest at 0.00% APR.
No interest will be charged on these loans.
How do I apply for a Broadland Sustainable Homes Loan?
1. If you are not a member of ESLCU then you will need to complete an Online joining form, and pay your membership fee by PayPal or debit card by calling the office on 03336 000690, before applying for a loan.
2. Once you are a member, you can apply via the Members’ Area. We aim to have a decision for you within 4 working days. You can apply for a loan the same day you join our Credit Union.
You can join us online and apply for the loan the same day, all on our website. Please use the link below.
You will also need to provide proof of your income. We will ask you to give us read-only access to your bank statements through our trusted partner Consents. Online, this allows our loan officer to see the past ninety days of your bank statement over a secure connection. Alternatively, you can provide printouts of your bank statements, but this will take a few days longer to process while we wait to receive them.
Note: Failure to make scheduled loan repayments will lead to arrears action and may affect your credit history.
Ground source heat pumps
Solar PV panels
Solar Thermal panels
Domestic wind turbine
Biomass boiler
We recommend that you obtain more than one quotation to ensure value for money. It is your responsibility to apply for planning permission if required.
The measures listed above will be considered for a Broadland Sustainable Homes Scheme Loan when accompanied by evidence they are compliant with the Microgeneration Certification Scheme.
Broadland District Council may add or remove measures which may be supported by these loans at any time.
Double & Triple Glazing (from single glazing) – (Fensa, Certass)
Secondary Glazing (Listed Buildings) – (Fensa, Certass)
Solid wall insulation – (SWIGA – 25 years)
Park Home insulation – (SWIGA – 25 years)
Cavity wall insulation – (CIGA – 25 years)
Floor insulation – (NIA or IAA – 25 years)
Room–in-roof insulation – (NIA or IAA – 25 years)
We recommend that you obtain more than one quotation to ensure value for money. It is your responsibility to apply for planning permission if required.
The measures listed above will be considered for a Broadland Sustainable Homes Scheme Loan when accompanied by evidence they are compliant with the required accreditation scheme shown in brackets and a guarantee for the number of years where specified. Note, installer accreditation is not required for loft insulation.
Broadland District Council may add or remove measures which may be supported by these loans at any time.
To apply for this loan or any of our loan products you need to be a member of Eastern Savings & Loan Credit Union.
Join Credit Union
Once you are a member, you can apply for a loan the same day you join our Credit Union via our Members Area.
You will need to provide proof of your income, and your final quote from your preferred supplier to accompany your loan application.
We will email you to ask you to give us read-only access to your bank statements through our trusted partner Consents.Online, this allows our loan officer to see the past ninety days of your bank statement over a secure connection. Alternatively, you can provide printouts of your bank statements, but this will take a few days longer to process while we wait to receive these.
1. Bank statements for the last three months
2. Information on all existing loans, credit cards and other debts.
Note: Failure to make scheduled loan repayments will lead to arrears action and may affect your credit history.
Apply for Loan
We do have a recurring membership fee of £0.25 per week for all our membership accounts, you will need to make sure you have enough in your account to cover this fee for the duration of your loan.
Examples of loans and their repayments
£1,000 – £5,000 Loans – Monthly repayments
| Borrow | Choose your repayment period | Amount to pay per month | APR | Interest charged |
| £1,000 | 1 year | £83.34 | 0% | £0.00 |
| 2 years | £41.67 | 0% | £0.00 | |
| 3 years | £27.78 | 0% | £0.00 | |
| £2,000 | 2 years | £83.35 | 0% | £0.00 |
| 3 years | £55.57 | 0% | £0.00 | |
| £3,000 | 3 years | £83.35 | 0% | £0.00 |
| £4,000 | 3 years | £111.13 | 0% | £0.00 |
| £5,000 | 3 years | £138.89 | 0% | £0.00 |
£300 – £999 Loans – Weekly repayments
| Borrow | Choose your repayment period | Amount to pay per week | APR | Interest charged |
| £300 | 26 weeks | £11.54 | 0% | £0.00 |
| 52 weeks | £5.77 | 0% | £0.00 | |
| £500 | 26 weeks | £19.24 | 0% | £0.00 |
| 52 weeks | £9.62 | 0% | £0.00 | |
| 104 weeks | £4.81 | 0% | £0.00 | |
| £1,000 | 52 weeks | £19.24 | 0% | £0.00 |
| 104 weeks | £9.62 | 0% | £0.00 |
