Finance Your Home Improvement Project in Maine

Back to Blog

Many homes from the Rockland region down to the greater Portland, ME area are older or experience problems with inefficiency. When updating your home, you may tend to focus on more visible and cosmetic improvements like an updated kitchen or new flooring. This may mean that many necessary energy efficiency improvement projects get put on hold.

What many Maine homeowners don’t realize is that by increasing the energy efficiency of their home, greater comfort and lower energy bills would be an immediate benefit. What if there was a simple way to make efficiency projects more affordable?

Energy Loans from Efficiency Maine

Efficiency Maine is a state program that not only offers rebates for certain efficiency improvements but also provides two loan options. Both financing options are for small residential buildings, so whether you live in a single-family home or an apartment building with a maximum of four units, you can finance your efficiency upgrades through Efficiency Maine. Both loan solutions have terms of up to 10 years.

Efficiency Maine Energy Loan Type 1

The fixed, low-interest rate of 4.99% requires a minimum credit score of 640 and a low debt to income ratio allowing you to borrow up to $7,500, while an even higher score of 680 or greater will get you up to $15,000 for your home’s efficiency updates.

Efficiency Maine Energy Loan Type 2

A second option, for homeowners with a slightly lower credit score and a higher debt to income ratio, is a fixed 5.99% APR loan. You can receive up to $7,500 if your credit score is at least 620 or $4,000 with a score of 580 for your efficiency improvements.

Evergreen Home Performance Solutions for Your Midcoast & Southern Maine Home

At Evergreen Home Performance, we specialize in efficiency solutions which will have a marked effect on your year-round comfort and help you save more on your energy bills. With comprehensive air sealing, insulation, and basement encapsulation, we can provide you with the efficiency upgrades your home needs. Don’t wait to make these important improvements to your home — finance today and for less than the cost of the average monthly cell phone bill you’ll have a more comfortable and energy efficient home!

Upgrading your home’s energy efficiency for greater comfort and increased savings is simple with financing options. Contact Evergreen or call 207-594-2244 to learn more today.

Contact us today to learn more!

207-594-2244

We had Evergreen come out to our tiny old (100+ year old) house to see what they would recommend for decreasing our carbon footprint, saving money, and increasing our comfort in the cold season. Richard and Bryan were great to work with, patiently answering our many questions and walking us through multiple options. We could only afford to tackle a few areas this year; we ended up replacing some windows and having them weatherize the entire house.

Alan M.

Falmouth

Nothing but good things to say. The guys that came and did the actual work were extremely nice and did a great job. The energy audit was thorough and I was presented with multiple improvement options, I was even given ideas for improvement that Evergreen didn't offer. I never felt like I was being "sold".

Ryan Adams

I would recommend Evergreen wholeheartedly because of their professionalism, their follow through, and thoughtful project planning.

Jennifer A

I never leave reviews, but had a great experience with Evergreen and wanted to spread the word! In short, we worked with them to insulate our roof this winter and have noticed surprising immediate results. The constant ice dams I have wrestled with are completely gone, and the home is noticeably more comfortable. It's a little too early to tell if our oil bill is going to reduce, but I imagine we will see an impact there as well.

Joel W.

Portland

I used to spend winters in the bathtub because my house was so cold. This was my first winter roaming around my whole house comfortably. This even led me to decorate a little. My heating oil usage has been reduced by over a quarter: I rarely have to boost the thermostat because the temp stays at a constant. The Efficiency Maine rebates, together with the energy savings, make it affordable for me to pay for the loan I took out to finance the project. I do not worry about my pipes freezing.

Claire Helene Bevan

Camden

Evergreen Home Performance shows its expertise from start to finish. Evergreen did three house projects in winter/spring/summer 2020 for me, attic insulation, crawl space under a porch insulation, and basement foam/vapor barrier. From my initial discussion with Bryan, I understood the reasons for choosing different types of insulation, the associated costs, and time estimates. Evergreen scheduled in advance, came when they said they would, and the crews were highly professional in their work and demeanor.

Iris S.

Portland

We just finished a large project air sealing and reinsulating our 1890s basement and attic. It had been completely renovated 8 years ago, but still felt cold, and lacked proper energy assessment and corrections. We met with Justin in December and were very impressed with his knowledge, professionalism and communication skills and knew Evergreen was who we wanted to work with. Dave was our on hands project manager and was excellent. The office staff has been quick to respond and helpful as well when needed.

E Gallant

Kennebunk

My experience with Evergreen was excellent. From their thorough and thoughtful initial consultation to their detailed post-work visit, the team was professional, knowledgeable, and responsive. Their workmanship was top notch. Our home is now much warmer and more efficient. I highly recommend their services!

Douglas R.

Edgecomb

From start to finish, our experience was incredible. Justin was extremely helpful. The crew was fast, friendly, and efficient. And most importantly, our home is WAY warmer and our heating is less costly. I'd highly recommend evergreen to anyone looking to upgrade their home!

John S.

South Portland

Highly recommended. Our heating usage is now less than half what it was before we had our roof insulated. Evergreen was knowledgeable, friendly, and left no trace they were ever in our house. Not only is our heating bill much lower now, but our home is generally more comfortable year-round with less temperature fluctuations. Money well spent.

RC Lations

A thorough inspection of our (older) house and its energy needs. Competent and personable work crew.

Jacob Watson

Evergreen has a professional and reliable team of people who do excellent work. If you want the best of the best in the area, select Evergreen to accomplish your insulation needs.

Mary E.

St. George

Thanks Evergreen Home Performance for helping to make our home more efficient. Many thanks as well to Bryan for the initial walk through and recommendations to make our home more efficient and to Dave, Roland, and Jacob for a job that was done professionally and courteous.  We were amazed at the level of efficiency and everyday they made sure to protect our floors, carpets, and furniture. We had daily discussions with Dave about progress and what was being done and where they were at in the project.

Carol Fink

First we have Evergreen do a BIG project worth about $20K (windows, basement, insulate & rebuild an entire wall, a door, attics, and air sealing). They were so great we had them come back later when we decided we did want to do our other door. They are professional and do great work. They take care of your home and are trustworthy, and on top of all that friendly! I highly recommend you call them!

Garreth C Debiegun

Very easy process, start to finish.  Friendly, professional, and really know their stuff.  They made some improvements to our condo and we were very happy with how it played out.  Would definitely recommend them.

Clayton Eames

Portland Buy Local
Efficiency Maine
EPA Lead-Safe Certified
Building Performance Association
BPI Certified