Did you know you can use your home’s equity to make energy-efficient improvements that save money in the long term? A home equity line of credit, or HELOC, is the ultimate financial tool for making key investments today that can mean serious savings tomorrow. 

A HELOC works similarly to a credit card, with a limit based on your home’s equity. That’s the currently assessed value of your home, minus any mortgage balance you might have. Unlike a traditional home equity loan, though, you only repay what you use, giving you great flexibility at a competitive rate.

So, where could you use an upgrade? Here are a few places to start … 

Heating and Cooling

If you haven’t installed a new central air conditioner within the last 10 years, a lot has changed in the past decade. That 15- to 20-year-old furnace could use a look as well. At a minimum, a smart thermostat, which typically costs a couple hundred bucks, can introduce some efficiency and pairs well with your updated heating and cooling. A HELOC puts all these improvements within reach at a low rate.

hand adjusting a thermostat; the thermostat says 68 degrees Fahrenheit

Windows, Doors, and Insulation

Here’s an obvious energy saver, albeit an expensive one. A HELOC can unlock the capital to make the investment, though. Begin by taking a look in your attic, where a lot of heat can be lost. Adding a little insulation there can make a big difference in your utility bill. Then dive deep into the efficiency of your windows and doors. If you feel a draft, chances are it’s time for an upgrade – a great use of your HELOC funds.

Appliances

This is another simple, but potentially costly energy saver. Simply upgrading your major appliances can make your home much more efficient. Refrigerators are big energy eaters, but you should also consider replacing stoves, dishwashers, washing machines, and dryers.

New Lighting Fixtures

Lighting accounts for about one third of a home’s energy bill. While switching out incandescent bulbs for LEDs and CFLs can help, you can take this concept to the next level with smart lighting fixtures, starting with the ones you use the most. Remember HELOCs act like a credit card, so you can use as much or as little as you need and only pay back that amount.


Whether taking on a big project like windows and doors or just making your home a little smarter, a HELOC can get you there. Get up to 100 percent of your home’s equity at a competitive rate with a HELOC from Visions.

Apply now!