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September 21, 2018
FOR IMMEDIATE RELEASE
NATIONAL ENERGY IMPROVEMENT FUND (NEIF) ASSUMES ADMINISTRATION OF EFFICIENCY MAINE FINANCING
Adding innovative point of purchase financing technology for Maine contractors and homeowners to one of the nation's most successful energy efficiency programs
ALLENTOWN, PA, SEPTEMBER 19, 2018 The National Energy Improvement Fund (www.neifund.org), a licensed lender and national expert in energy efficiency financing program management, has assumed the administration of the Efficiency Maine (efficiencymaine.com) financing program. Since 2011 Efficiency Maine financing has helped thousands of Maine homeowners improve energy efficiency with low monthly payment fixed rate financing for qualifying energy-saving improvements at terms not generally available from other lending sources.
The National Energy Improvement Fund's management and operations team is comprised of many of the key staff of AFC First, which was the original administrator of the Efficiency Maine financing program. AFC First merged with Renew Financial in October 2015. Renew Financial subsequently managed the program and transferred the administrative duties to NEIF effective July 15, 2018. "We are excited to be working with Efficiency Maine on their financing program," said Peter Krajsa, Co-Chair and Founder of NEIF. "Our team has long-standing relationships with Maine energy-efficiency contractors and Efficiency Maine. We are looking forward to assisting them and Maine homeowners by helping make energy efficiency more affordable through simple and effective financing."
NEIF's enhanced automated financing platform, supported by a team of dedicated energy efficiency financing professionals, has been designed to streamline the lending process for both contractors and homeowners. "NEIF brings the experience, hands-on knowledge and state-of-the-art technology we look for to the Efficiency Maine financing program and we are pleased to be partnering with them," said Michael Stoddard, Executive Director of Efficiency Maine.
National Energy Improvement Fund, LLC (NEIF), a national leader in energy improvement financing, is a mission-based, public benefit entity focused on promoting energy savings by increasing the affordability of energy efficiency improvements for consumers and businesses. NEIF was founded and is led by energy efficiency finance pioneers Peter Krajsa and Matthew Brown. The NEIF Team has been responsible for over $700 Million in energy financing and are innovators of some of the nation's most successful energy financing programs. In addition to residential energy financing, NEIF offers commercial energy financing through its HBC Energy Capital commercial lending platform and rebate advance funding through its Rebate Bridge program.