Efficiency Maine: Home Energy Loans
Rebate Overview
Overview
Efficiency Maine offers home energy loans to help you upgrade your home to be more efficient. You can borrow up to $25,000, with the income-based tier allowing up to $7,500. The loans have varying annual percentage rates based on the loan term and your income level, with 1-year loans available at 0% APR.Benefits
Upgrading your home with these loans can make your living space more comfortable and safer. It can also increase your home's value while helping the environment by reducing pollution from less efficient appliances.More Information
- Loans fall into four tiers, allowing borrowing up to $25,000 except for the income-based tier. - 1-year loans have a 0% APR with a $500 origination fee. - Longer loan durations have APRs ranging from 5.99% to 7.99%. 10/01/2023Details
- Incentive type: Financing
- Maximum Amount: $ 25,000.00
- Link: More details
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