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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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

Evergreen did a fantastic job insulating our 1930's home. The onsite team was professional, clean, and really just a joy to interact with throughout the process. A blower test at the end showed a significant decrease in air leakage. I highly recommend Evergreen.

Kristen H.

South Portland

Last week, my oil company asked if we were using some other kind of fuel because our usage was so much less than they had expected We are very happy with the results; the house is much more comfortable

Steve T.

St. George

Evergreen has insulated two homes that we've owned now and both times we experienced exceptional service and craftsmanship. Our rep, Justin, went above and beyond answering questions and the installation team was attentive to every detail, including pulling out old poorly installed insulation and redoing a bathroom fan that wasn't up to current code. They also left the place spotless every day! Our home is already so much warmer this fall and we are looking forward to using less oil this winter.

Eva G.

Falmouth

My husband and I bought a home on the water in Owls Head and decided to make the investment in Evergreen's recommendations for insulation. Brian Robinson spent 3 hours examining every nook and cranny before he made practical suggestions and explained them thoroughly to us.

Marie McNeely

Owls Head

I waited a year to write this review. Evergreen finished our job late last winter. Terrific results!!! we've gone from 12-day propane deliveries to 30+ day propane deliveries. The house is noticeably warmer. The Evergreen crew was/is professional, prompt, thorough, scientific, gracious and immaculate with respect to keeping our house clean. Money well spent.

John E.

Boothbay

Our basement was the eyesore of the house. I wanted to make improvements, but first needed to make structural, insulating and moisture mitigation improvements. Evergreen was professional and competent in taking on a complex project of not only encapsulation and insulation of basement and crawlspace, but completed needed improvements to the structural integrity of the wood floor platform above a crawlspace and brought in a concrete contractor to pour where there was once a rotting, tiered wood platform - replacing that area with a more functional and tight tiered concrete area.

Duane B.

East Boothbay

Great company. Very professional and thorough. They take the time to explain everything and offer options to fit your budget. Wonderful experience from start to finish.

Bonnie Eustace

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 is a terrific company to deal with. Polite and efficient crews, meeting deadlines and major reduction in our heat bills. They corrected a lot of issues we suffered from doing work with a shoddy building contractor. We would recommend them to anyone.

Mary Carey

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

We just finished a large project of air sealing and reinsulating our 1890s basement and attic which 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.

Emily Gallant

Evergreen came back this year to finish insulating our house. We have been remodeling and renovating an 1850s cape for several years. Their employees are very professional and pleasant to deal with. Over several years Brian Robinson has been able to schedule us in for several small areas that needed addressing and finally turning a room we used to close off in the winter into a comfortable usable space. We primarily heat with wood and since Evergreens great work our furnace has only come on ONCE this winter. Fantastic. Really satisfied customer in Thomaston.

Chris F.

Thomaston

Greetings one and all! I am writing to express my gratitude to all involved in my insulation project.  From start to finish, I appreciate the universal theme which was maintained by each and every one of you, to ensure that my home was insulated and protected from freezing pipes as if it was your home. Andrea, thanks for helping me navigate my way to the project. Nate, thanks for the thorough initial assessment and the time you took to explain this project to me, step by step. Brian, thanks for setting up my project - so happy

Michele

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

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Efficiency Maine
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190 Riverside St, #2A,
Portland, ME 04103

315 Main Street, #205,
Rockland, ME 04841

207-358-3706

info@evergreenyourhome.com