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Citizens launches Energy$ense.

Citizens Financial Group Inc. has launched Energy$ense, a multi-faceted initiative aimed at helping nonprofits and its Citizens Bank customers address heat, utility and other energy costs.

As part of the program, Citizens will be providing more than $500,000 in energy assistance grants to homeless shelters and nonprofit organizations that offer home weatherization and utility payment assistance to consumers. Through its Citizens Bank division, the company is also providing below market-rate loans to eligible consumers who want to make their homes more energy efficient, with a limited-time option to defer their first payment for 90 days.

The Energy$ense program includes two below-market interest-rate, unsecured loans for qualified borrowers to make energy-efficient upgrades or improvements to their homes. Customers who take advantage of the discount borrowing opportunity by March 31 will have the option to defer their first payment for 90 days.

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Title Annotation:GOING GREEN; Citizens Financial Group Inc.
Publication:New Hampshire Business Review
Article Type:Brief article
Date:Mar 13, 2009
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