For a limited time, your insulation & air sealing project will qualify you for a $600 rebate from Efficiency Maine. Schedule your FREE energy consult with Evergreen Home Performance, and start saving today!
Efficiency Maine also offers two long-term, low-interest loans to help Maine homeowners finance energy efficiency projects. Both programs offer 4.99% interest and no closing costs, but there are a few key differences. Check here for a primer on choosing the right loan for you.
PowerSaver: Homeowners can borrow up to $7500, for terms of up to 10 years, with an unsecured PowerSaver loan OR up to $25,000 for up to 15 years (or 20 years if the project includes renewable energy). Backed by the Federal Housing Authority and administered by Efficiency Maine, PowerSaver loans are available to all Maine homeowners.
PACE: Under the Property Assessed Clean Energy Program, homeowners pursuing eligible energy improvements can borrow up to $15,000. The loans have a term of up to 15 years and are transferable upon the sale of a property. Federally funded and administered by Efficiency Maine, the PACE program must be authorized in each municipality before homeowners can apply for a loan. More than 100 Maine municipalities have already adopted the program.