The National Energy Improvement Fund’s (NEIF) EnergyPlus Loan is a simple interest, unsecured installment loan for most energy and resiliency improvements.
Use this Monthly Payment Estimator to compare different options and then the customer can click to apply for an instant credit decision. The contractor will see the application status immediately in their NEIF Contractor Portal.
The loan may be paid off early or paid ahead without penalty. All loans are made directly to the consumer by National Energy Improvement Fund, LLC. Fixed interest rates range from 7.99% to 12.99% APR. The minimum loan amount is $2,500 and the Maximum loan amount is based on your credit, up to $35,000. Payment estimates based on 9.99% APR for loans $25,000 or less, 7.99% APR for loans greater than $25,000.
Efficiency Maine offers a variety of home energy loans and incentives to help you pay for energy upgrades. Maine homeowners can borrow up to $7,500 over 10 years with no fees and interest rates as low as 4.99%. Qualifying improvements include all improvements eligible for Efficiency Maine rebates.