Life Credit Union launches Pro Energy Home Loan with SEAI and REIL 

To help make members’ homes more comfortable, more efficient and to reduce carbon emission

Life Credit Union Logo

Life Credit Union have just launched a new Pro Energy Home Loan, to provide access to members to home improvement funding.

The one-stop-shop package is a collaboration of Life Credit Union, Retrofit Ireland (‘REIL’) who are experts in project managing residential retrofits and energy upgrades at a national level and the Sustainable Energy Authority of Ireland (‘SEAI’), Ireland’s national sustainable energy authority.

The scheme combines a dedicated project manager to support applicants every step of the way, a heavily subsidised home survey and report, easy access to SEAI grant funding of 35% towards the cost of approved energy upgrades to an applicant’s home together with low cost finance for the balance of the costs from Life Credit Union.

Speaking in advance of the launch, Josephine Maguire, National Coordinator for Better Energy with SEAI said;

“The availability of attractive finance options is an important factor in people’s decision to upgrade their homes. Easier access to low cost finance from a local credit union should be very attractive to many people. SEAI’s role is to help homes, businesses and communities to be more energy efficient so we are delighted to support innovative initiatives which improve uptake of sustainable home energy solutions.”

Karen Mulligan, CEO at Life Credit Union added;

“We are delighted to be part of the Pro Energy Homes scheme, as a recent SEAI consumer survey found that 74% of people said that they hadn’t previously considered upgrading their property as they did not have sufficient funds to consider an energy reduction project in their home. This scheme makes such upgrades more affordable by combining a 35% grant with a low rate Credit Union loan for the balance of the project. Our main focus is to help make our members’ homes more comfortable, more efficient and to reduce carbon emissions.”

Upgrades included in the scheme include:

Attic insulation
Cavity wall insulation
External wall insulation
Solar thermal panels (hot water)
Heating system and controls upgrade
Windows upgrades

As programme coordinators, REIL are responsible for the procurement and completion of all works. Paddy Sweeney, Managing Director of REIL said;

“With this initiative we have taken all the ‘leg-work’ away from the homeowner. All they need to do is fill out an application form, after which REIL will conduct an assessment on their property and present them with a report. They can then decide whether they would like to proceed. Absolutely no money changes hands until all improvements have been made. From beginning to end, the input required by the home owner is minimal.”

Karen Mulligan concluded;

“This is an important first step for Life Credit Union in supporting our communities by providing finance for sustainable purposes. While this scheme runs for a limited time, we are making a long-term commitment to supporting energy sustainability for home owners and we intend to extend our support by providing low cost finance for electric vehicles in the near future.”

For more information on the scheme please visit

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