As a Michigan Saves contractor, you have exclusive rights to offer Michigan Saves financing. Our programs were created to help customers take control of their energy costs and help you expand your business. Our financing products were tailor-made to serve the residential and commercial markets, and they are among the best in the country because of our low interest rates and fast credit decisions. Whether you’re just joining as a contractor or you’ve been using the programs for years, there’s never been a better time to offer Michigan Saves financing to your customers.

Michigan Saves Contractor Application

Do you have customers ready to install energy improvements but you don’t have the cash on hand? Could your customers’ businesses grow and thrive if they could reduce their operating costs? Michigan Saves offers contractors like you a convenient way to stand out from your competitors and help your customers finance improvements for their home or business.

We’re happy you are interested in becoming an authorized contractor. It’s easy to get started:

  1. Visit our online contractor portal to start or edit your online application.
  2. Use this form to request your certificate of insurance from your insurance carrier.
  3. Review our contractor qualifications to make sure you qualify.

For contractor applications submitted using the online application system, there is a one-time, nonrefundable application fee of $50 to apply to become a Home Energy Loan Program authorized contractor, or a Business Energy Financing authorized contractor. The fee is $75 to become an authorized contractor for both programs.

Click the next tab for a list of upcoming webinar training dates. Attendance at the training is required to participate in this program.

Questions? Contact Michigan Saves at (517) 484-6474 or send an e-mail to


All contractors must have at least one employee attend the Michigan Saves training in order to become authorized. You can attend the training at any point during your application process. Trainings are offered live in an online webinar format. Registration is not required. This training occurs on a monthly basis. You will need a computer and phone to see the presentation and hear the audio.

Please click here at the scheduled date and time to participate.

Residential Contractors

Held from 9:00 AM to 10:00 AM on the following:

December 16, 2016

Commercial Contractors

Held from 11:00 AM to 12:00 PM on the following:

December 15, 2016

Contractors’ Frequently Asked Questions

What is Michigan Saves financing?

Michigan Saves financing is financial capital made available to customers through a network of lenders that offer favorable terms based on a negotiated contract. Our programs help Michigan residents reduce costs by financing energy-efficiency improvements for their home or commercial property. Michigan Saves authorized contractors have exclusive rights to offer our programs.

What finance rates and terms are available?

Contractors can offer any offer any of our financing programs. There is a separate authorization for commercial and residential. Once authorized for commercial (Business Energy Financing), the contractor is able to offer Public Sector Energy Financing as well as Multifamily Energy Financing. Incentives, such as 0% or 1.99% APR, are program-specific and administered on a first-come, first-served basis until funds are exhausted. Please click the here for a list of authorized lenders and available rates and terms.

What can I use the financing for?

Eligible measures are program-specific. Contractors can recommend custom energy-efficiency measures as well.

Can I do the work myself?

Only authorized contractors can initiate and process Michigan Saves financing. The contractor’s Michigan Saves Identification Number is the key to start the financing process.

Participating Lenders

Michigan Saves financing for all programs is provided by the following authorized lenders. To get started, find a Michigan Saves authorized contractor to get an estimate.

Commercial financing for Business, Multifamily, and Public Sector Energy Financing

Ascentium Capital



Starting at 6.00% APR

All Michigan counties

Team Financial



Starting at 5.75% APR

All Michigan Counties

*Higher amounts will be considered on a case-by-case basis. Please contact lender for further details.

Residential financing for the Home Energy Loan Program

Click Here to Apply
AAC Credit Union* 640 $20,000 4.25% – 4.99% Herman Miller employees and residents of the city of Holland
FreeStar Financial Credit Union 640 $15,000 4.99% Genesee, Lapeer, Lenawee, Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw, Wayne
Genisys Credit Union 640 $30,000 4.99% All Michigan counties
LAFCU 640 $30,000 4.99% Barry, Calhoun, Clinton, Eaton, Gratiot, Ingham, Ionia, Jackson, Livingston, Montcalm, Shiawassee
MSU Federal Credit Union* 640 $30,000 4.90% Entire lower penninsula for MSUFCU preferred contractor network
UP State Credit Union 640 $30,000 4.25% – 4.99% Entire Upper Peninsula
Washtenaw Federal Credit Union 640 $30,000 4.25% – 4.99% Washtenaw

*This lender does not participate in Loan Application Center. Contact lender directly for details.