Why Are My Floors Always So Cold?

Back to Blog

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.  

_____________________________________________________________________________________

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

_____________________________________________________________________________________

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

_____________________________________________________________________________________

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.

_____________________________________________________________________________________

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

Newsletter Signup

CONTACT US TODAY!

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

Evergreen removed and replaced the insulation in my attic. They did a great job!, Crew was excellent, and the whole thing went smoothly, and the attic was NOT easy to get into or work in, so kudos to some hard work done well!

Joel A.

Portland

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

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

Jacob Watson

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

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

Our house still the most efficient home we’ve ever lived in. And we have you folks to thank for that! A special howdy to Brian Robinson please!

Bruce O’Donal and Eva Butler

We are so pleased with the work the team from Evergreen Home Performance did in our home. The project included encapsulation of our basement with a reinforced vapor barrier, installation of a sump pump, spray foam insulation on the walls and insulation of the heating duct work. Everyone at Evergreen was friendly and professional. The project was completed on time and in budget. Our home is much cozier and warmer since the project was completed.

Linda Metzger

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

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

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

Evergreen is the "go-to" company for improving the efficiency of your home. There are others to choose from but none so effective, honest, and capable as Evergreen. They did a great quantity of dense packing cellulose to improve our home (both for energy efficiency and for sound insulation) and it was totally successful. They are on-time, helpful, and caring. They clean up to a level that can't be over emphasized. This was the second time we employed them and we'd use them again if the opportunity came. You'll not be sorry to select Evergreen.

Dirk F.

Belfast

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

Working with Brian and with Nate and the rest of the crew was a pleasure. They made everything very easy and understandable. This was a major renovation and they were always at the ready with a lot of information. We had an extensive renovation on the basement which was a dirt basement and it came out beautifully. We can already tell from all of the insulation work what a difference it's made in sound and temperature. Brian worked with me on the rebates that are available when you do this kind of work. I would highly recommend this company to…

Valerie L.

Rockland

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

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

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

315 Main Street, #205,
Rockland, ME 04841

207-358-3706

info@evergreenyourhome.com