Why Are My Floors Always So Cold?

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how home improvement financing works infographic at Evergreen

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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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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

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

Evergreen did an amazing job insulating our historic home. Their professional staff worked hard to ensure the tough areas in the attic were covered, and clearly communicated their progress. We are seeing the results with our discounted heating bills. Thank you, Evergreen!

Melissa Knoll

Portland

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

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

We absolutely loved our experience with Evergreen. The team was incredibly kind, professional and great to work with. We're very impressed with the quality of work of the Evergreen team and how easy they made everything! Our house had barely any insulation ahead of this project and the results are amazing. Insulating the attic, walls and basement with Evergreen allowed us to tear a 50-year-old furnace, ductwork and oil tank out of the basement and now heat the home with new heat pumps. Evergreen also added 100 sq ft of clean, new storage space to the attic!

Nick S.

South Portland

This team of individuals was professional at all times. They set up barriers that kept the dust at a minimum. They conducted an air flow audit and cut the draft circulation from the outside in half by sealing cracks. They hauled out the old insulation and replaced it with blown in insulation with an R - 60 Value. They also did the rebate paperwork so that I could get my $1500.00 rebate from the state of Maine. I highly recommend Evergreen Home Performance!

Daniel B.

Rockland

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 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

I was very impressed by the professionalism of this company and the workers. Brian R. was very prompt in replying to my questions; the crew was meticulous in all parts of the work and attentive to the safety aspects concerning Covid; and Brian was extremely thorough in the final inspection. My attic is now snug and warm and I've noticed that the second floor is warmer as well.

Julia S.

Rockland

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

John Brown

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

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

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

The crew members from Evergreen Home Performance each made sure to greet us every day, while maintaining their distance in this time of the pandemic. Their work took a total of nine days, spread over three weeks. Even though they were working in multiple rooms of our house, as well as the basement and attic, they were unobtrusive and always cleaned up after themselves every day. The on-sight manager kept us informed of their daily schedule so we'd know which parts of the house they'd be working on.

Bob & Sue

Whitefield

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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