FinancingUp to date · Jan 15, 2026
EEM (Energy Efficient Mortgage)
A mortgage product that allows borrowers to finance energy improvements into their home loan at the time of purchase or refinance, based on projected energy savings reducing future expenses.
Why It Matters
An EEM lets you roll solar or efficiency upgrades into your mortgage at the lower mortgage interest rate instead of using a separate, higher-rate improvement loan.
Related Tools
Related Terms
PACE (Property Assessed Clean Energy)
A financing mechanism where solar and energy efficiency improvements are funded through a voluntary assessment on the property tax bill, repaid over 10-25 years.
On-Bill Financing
A loan program where energy efficiency or solar upgrades are repaid through a line item on your monthly utility bill, often with no upfront cost and favorable interest rates.