Why Are My Floors Always So Cold?

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how home improvement financing works infographic at Evergreen

(View as a downloadable PDF version)

Nobody loves to talk about money. But when it comes to making your home a more efficient and comfortable place to live, you want to know how much it is going to cost you, and what your options are! Let’s walk through financing this example of how a home improvement project that cost $10,000 could actually end up as a monthly payments well below $100, using the available Efficiency Maine rebates and financing options.  

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The Project

In this example project, Evergreen Home Performance performed an energy audit and found this Mid Coast Maine home was in need of:

  • Attic Air Sealing & Insulation

  • Basement Insulation

  • Entry Door Replacement

The total initial cost of the project: $10,000

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The Savings & Rebates

You stand to save between $50 and $$3,500 on qualifying energy upgrades through Efficiency Maine Rebates. (You must be a Maine resident to qualify, and depending on the loan type you may need to meet minimum credit score and debt-to-income ratio requirements.)

$10,000 Project Cost – $2,500 in Efficiency Maine Rebates (basement & attic zones) = $7,500

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For the remaining balance of your project, the Efficiency Maine Home Energy Loans and the National Energy Improvement Fund (NEIF) offer both low and no interest financing options. $5,000 of the project is in home efficiency projects that Efficiency Maine Home Energy Loans can be used for. NEIF EnergyPlus Loans can be used for the entry door replacement portion of the project, at $2,500.

Efficiency Maine Home Energy Loans: borrow up to $15,000 over 10 years with no fees, and interest rates as low as 4.99% APR. 

NEIF: borrow up to $35,000 when using a NEIF approved contractor, at a fixed interest rate ranging from 7.99% to 12.99% APR, based on your credit. 

Estimated monthly payment of remaining balance of $5,000 to be financed through Efficiency Maine over 10 years: $53

Estimated monthly payment of remaining balance of $2,500 to be financed through Efficiency Maine over 10 years: $33

After rebates and employing both financing products this $10,000 project will give you a more comfortable & beautiful home for just $86 a month!

*actual monthly payment will vary based on program(s) used, and approved APR.

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Efficiency Maine & National Energy Improvement Fund (NEIF)

Nationally recognized lenders that we trust & so can you. No gimmicks, no closing costs and we do most of the paperwork for you! 

Evergreen Your Home For Low Monthly Payments

Want to know what your monthly payment would look like for your home improvement project? Get in touch with the Evergreen team today! Learn about all your options by giving us a call at 207-594-2244 or get in touch here.

Want to walk on warmer floors?

207-594-2244

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The Evergreen crew who installed insulation in my attic were fantastic! They were very professional, worked exceedingly hard, and they did an excellent job. They were very pleasant and friendly to be around. They cleaned up beautifully after each work day, and left my home in great shape on when they walked out the door for the last time. I can't believe they were able to accomplish all that they did with heat soaring into the 80s and 90s. It was pretty unbearable up there! They have my highest praise and my gratitude.

Cynthia F.

South Portland

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

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

The Evergreen crew from initial inception to installation were professional, on time, and left our place spotless. The end result was exceptional.

John Brown

The Evergreen Team did a fabulous job, well exceeding our expectations, In just over a week they transformed our very drafty, noisy 213 year old house into a snug, draft-free, quiet haven with warm floors! The team was prompt, did everything they said they'd do and more. We are thrilled!

Trudy M.

Bridgton

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 completed the work at my home thoroughly and professionally. An inspector from Efficiency Maine came to inspect afterwards and described it as "state of the art" and "outstanding". The crew was very pleasant and considerate during the project. Their cleanup each day was perfect. Communications with the office were easy and reliable. I am very satisfied.

Catherine H.

South Portland

We had Evergreen Home Performance of Rockland come in to make our home more energy efficient, and what a TOP notch crew. Brian and his crew did an amazing job from start to finish. Very knowledgeable and professional. We would Definitely highly recommend this crew to anyone who is looking for energy efficiency in their home with a company that truly is an expert and knows how to do a quality job and truly cares about their customer.

Melissa S.

Owls Head

They were highly recommended. I found them to be very knowledgeable and so helpful, with practical ideas. Despite my not living within their service area, they were generous with their knowledge, describing the usual solutions to correct leaks in my basement, and what the result is likely to be by following path A, B or C, and why. I was discouraged. Talking with Evergreen helped me see that my basement problems are far from insurmountable and really, fairly common in 100-year old homes. There are proven solutions.

Rosalind J

Damariscotta

Very Satisfied with the work performed by Evergreen. Professional employees, high quality work done in a timely manner. My sales rep was Justin, and he was phenomenal During the initial walk around my house, he gave me great ideas for how to improve the efficiency of our home. We will consult with Evergreen for our future home projects.

Adam G.

Westbrook

Evergreen did a fantastic job replacing 28 windows in our house. They were friendly, courteous, and very detail oriented. Brian did a great job planning, estimating and executing the project. Our energy use has dropped significantly since the work was done.

Alex B.

Kittery

Update 12/2018: Evergreen has completed Phase II of my house (insulating and installing air/moisture barrier on exterior walls, replacing old windows) and now that heating season is upon us, the difference is astonishing. The house is tight as a drum and so easy to keep warm. Worth every penny. Thank you all! Working with Evergreen was a positive experience from start (no charge energy audit) to finish (a MUCH more comfortable home). Brian Robinson spent a lot of time with me on the audit, explaining clearly what he was finding in my ca.

Rebekah W.

Rockport

Evergreen has just completed Phase 2 of 2 at my home. They are professional, hard-working and courteous. They communicate well..no surprises. They've gone above and beyond to make my home comfortable and were very respectful of my home.I recommend them unequivocally!!!Many thanks to Brian, Brian, Rick, Eddie, Dawson and the rest of the Evergreen crew!!

David Henry Feldman

Evergreen was so helpful in securing us Efficiency Maine funding for a big attic insulation project early this winter. They did all of the paperwork, and totally guided us through a vermiculite removal process that included a payment from a trust for the procedure. I could instantly feel the second floor being so much warmer than before. The boiler does not kick on nearly as frequently since they completed the job. It was worth every penny! Brian Robinson was so thorough throughout the whole process including a full walk through after the job had been completed.

Todd W.

Camden

Evergreen did everything they said they would and more. I actually don't mind going into the basement now since they sealed it. The air quality in the house is noticeably better and it's warmer in the winter. We can even store clothing down there where before, whatever was in there would mildew. Even the spider population declined! I used to vacuum so many of them from the corners of the ceilings in the house. Not any more!

Loriel Van Dusen

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Portland Buy Local
Efficiency Maine
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Building Performance Association
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190 Riverside St, #2A,
Portland, ME 04103

315 Main Street, #205,
Rockland, ME 04841

207-358-3706

info@evergreenyourhome.com