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?

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The Evergreen Team did a fabulous job and was very tuned and responsive to the particular needs we had. The job was done right on budget and we are thrilled with the improved warmth and energy efficiency.

Ira M.

Rockland

Evergreen came out 2 years ago to do an assessment and insulate our roof. This year we had them come back and do the basement as well. They are hands-down the best crew we've ever hired to work on our house. They are experts at what they do, and super meticulous in their work. After working in our house for a week with blown insulation, there was no trace they were ever here. We've seen a huge decrease in our energy bills while at the same time the house has become way more comfortable. Can't recommend them enough.

RC Lations II

Portland

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

I made the mistake of NOT hiring this company last year when I bought and renovated my home. I have brought them in now and what a difference. This group knows what they are doing. They take a complete look at everything and believe they can make your home more energy efficient. They are very professional in the way they approach problems and solutions. And they find ways to save me money. Don't bother with anyone else. Bring Evergreen in before you do anything. Let them assess your issues and give you the right solutions.

Shaw

Owls Head

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

Led by Brian Robinson, the Evergreen Home Performance team just completed an insulation refit at my home. It was truly a great experience from start to finish, a period of time that was a fraction of the time that I originally anticipated due to the team's unbelievable work habits and professional knowledge of their tasks. As impressive were the communication skills and friendliness of each and every member of the team.

Anne W.

Rockport

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

Great job installing windows and insulation.

Bob S.

Rockland

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

Working with Evergreen was a dream! Professional, knowledgeable, and super clean work. Communication was fast and service impeccable. The bedroom floors in our 1960's split ranch will be warm with the new insulation between them and the garage. Bring on the snow! (not really, but sort of)

Jess Dee Proctor

Bryan, Dave and the entire Evergreen team are wonderfully professional, prompt and thorough. I enjoyed working with them and look forward to continued work as we upgrade our home! Thank you so much for your professionalism, fairness, time and diligence.

Cait

Yarmouth

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

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

Evergreen listened and produced a thoughtful evaluation, proposal and comprehensive plan for our attic and basement. They exhibited excellent workmanship, teamwork, and came back as planned after the completion of the job to test the outcomes. Their overall performance as insulation and home improvement contractors is truly outstanding and we highly recommend them.

Susan S.

Saco

I was extremely pleased with the professionalism and quality of service that I received from the Evergreen team. I met Richard to discuss options for insulation. I knew immediately that I wanted to do business with them because he did not try to over-sell extra services that I did not need. Dave was the project manager. He was not only kind, but very respectful of my home. I would highly recommend this company.

Darlyann M

Bath

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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