AIB Bank SBCI Home Energy Upgrade Loan Scheme: See everything you need to know

04/21/2025 • Lincoln Marques • Financial Management

The AIB Bank SBCI Home Energy Upgrade Loan Scheme is an attractive option for homeowners in Ireland looking to reduce their environmental footprint while upgrading their homes.

It’s a perfect match for those who may have experienced financial challenges in the past, as this loan is available to individuals with previous credit impairments.

Low-cost financing for energy-efficient home upgrades.
Acceptance of applicants with previous financial hardships.
Maximum borrowing capacity of €75,000 per property.
Applicable to multiple energy upgrade projects including insulation, solar panels, and heat pumps.
Flexible repayment terms spanning from 1 to 10 years.
No need for collateral securing the loan.

Through this scheme, AIB provides a valuable opportunity for homeowners to upgrade their homes, save on energy costs, and contribute to a sustainable future.

Benefits of the AIB SBCI Home Energy Loan

The loan scheme is packed with benefits that make upgrading your home both affordable and sustainable.

Low Interest Rate

Enjoy a variable APR of just 3.55%, significantly cheaper than typical market offerings.

No Collateral Required

Loans are unsecured, meaning you do not need to put up your property or other assets as security.

Flexible Repayment Terms

Repay over a period of 1 to 10 years, allowing you to align repayments with your monthly cash flow.

Support for Multiple Properties

Finance available for up to three properties, allowing cumulative borrowing up to €225,000.

Aligns with Climate Goals

Reduces energy bills, lowers carbon emissions, and enhances your building's energy efficiency rating.

Who Should Consider This Loan?

The AIB Bank SBCI Home Energy Upgrade Loan Scheme is a tailored solution for specific segments of the population who wish to engage in sustainable living without financial strain.

Homeowners in Ireland looking to increase energy efficiency.
Property owners with multiple properties desiring eco-friendly updates.
Individuals with poor credit histories who face challenges in securing financing.
Environmentally conscious individuals aiming to reduce their carbon footprint and enhance BER ratings.

With its inclusive financial approach, this scheme is particularly beneficial for those who have been excluded from traditional lending options.

Weighing the Pros and Cons

Before committing to any financial product, it’s crucial to weigh the benefits and limitations.

Here we distill the advantages and potential drawbacks of the AIB SBCI Home Energy Upgrade Loan.

Pros

Below-Market Interest Rates
Offers significantly lower rates compared to typical personal loans, helping to make energy improvements affordable.
No Need for Collateral
Unlike other loans, this scheme does not require property or other assets as security.
Covers Essential Energy Upgrades
Eligible upgrades include insulation, heat pumps, solar panels, and other key energy-saving solutions.
Government-Backed Reliability
The backing of the government and major financial institutions ensures credibility and stability.

Pros

Linkage to SEAI Grants Required
Relying on SEAI grants can involve additional paperwork and administrative steps.
Non-applicable to Non-Energy Renovations
Only energy upgrades qualify for the loan, restricting non-green renovation projects.
Limited Availability
The funds are available only until December 2026 or until fully allocated, whichever comes first.
Minimum Loan Threshold
Loans start at €5,000, which may not be suitable for smaller projects.

Why Techcoine Recommends This Loan

The AIB Bank SBCI Home Energy Upgrade Loan Scheme exemplifies a forward-thinking financial product with solid benefits for both the environment and your wallet.

Techcoine advocates for financial products that blend economic benefit with environmental responsibility, making this loan a strong contender for those looking to optimize household energy use while remaining financially savvy.

The low interest rate of 3.55% APR makes green energy projects financially viable.
Accepts applicants with previous credit impairments, widening accessibility.
Encourages homeowners to improve their energy usage in line with national climate goals.
Long-term benefits through reduced energy bills and higher property value post-upgrade.

How to Apply for the Loan

Securing the AIB SBCI Home Energy Upgrade Loan is a straightforward process designed to make home energy improvements accessible.

Access to the lander website

Visit AIB's Green Home Hub online at aib.ie/green-living/green-home.
Contact your local AIB branch, information available on the website.
Call AIB customer support for personal assistance with the application process.

Frequently Asked Questions (FAQs)

How much can I borrow?

You can borrow between €5,000 and €75,000 per property, with a maximum of €225,000 across three properties.

Are insulation projects covered by the loan?

Yes, both attic and wall insulation are covered if they qualify for SEAI grants.

What is the duration of the loan term?

The loan term ranges from 1 to 10 years, based on the amount and your preference.

Is the loan applicable to non-energy related renovations?

No, the loan requires at least 75% of the funds to be used for energy efficiency upgrades.

Final Considerations

Harnessing the AIB SBCI Home Energy Upgrade Loan offers immense benefits for homeowners, the environment, and national energy goals.

It is accessible even to those who have faced credit issues in the past, leveling the playing field for all Irish homeowners. offers immense benefits for homeowners, the environment, and national energy goals.

At Techcoine, we believe in advocating for solutions that empower individuals financially while preserving the planet for future generations.