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Mass Save Loan Program
Mass Save® HEAT Loan Program Participating Contractor
Steps to Participate in the Mass Save HEAT Loan Program
R.H. Young Cooling & Heating, Inc. is proud to be a participating contractor with the Mass Save HEAT Loan Program.
The following checklist outlines the steps to apply. Use this form as a guide to help you throughout the process. As you go through each process check off tasks as you complete them. Please see attached FAQ for further information on each step.
- Step 1: Call 1-866-527-SAVE to schedule your Mass Save Home Energy Assessment.
- Step 2: Customer receives HEAT Loan Intake form.
- Step 3: Customer calls contractor to obtain a proposal for program eligible work.
- Step 4: Sign your HEAT Loan Intake form and proposal provided by your contractor for your application to get submitted. You will need to provide copy of your gas, oil, propane, and electric bills to your Sales Consultant.
- Step 5: Customer receives HEAT Loan Authorization form.
- Step 6: Apply for a Mass Save 0% loan through a participating lender.
- Step 7: If approved, customer closes the loan with the lender. The checks are issued by lender, made out to both the customer and the contractor. Checks will be for the full amount of the loan, minus applicable rebates.
- Step 8: Call your contractor to pay your deposit and schedule the work.
- Step 9: The contractor will help submit any rebates for qualifying equipment. The warranty registration of the installed equipment will be completed at the same time.
See All Mass Save® FAQ's
Q: What do I do next when I receive the HEAT Loan Authorization Loan form? (Step 5)
A: Now that you have your authorization form, you will be able to a apply for a Mass Save Loan at 0% interest. You must contact a participating lender directly to initiate the application process and apply for a loan.
Q: How long does it take to process my paperwork and obtain the HEAT Loan Authorization form? (Step 5)
A: Processing time can take anywhere from 2-7 days depending on completeness of paperwork, the items being financed, and time of the year of your submission. Please note that you must receive an authorization form from Mass Save Program via email before you can apply for a loan.
Q: How long does it take to receive my rebate and how to check status of my rebate? (Step 9)
A: Please allow 6-10 weeks for Mass Save rebates to be processed and mailed. Payment processing can take longer if information or documentation is missing from the application or if Mass Save needs to verify information with the customer. Prior to honoring any rebates, Mass Save reserves the right to conduct an onsite verification that equipment has been installed.