Efficiency Maine - Home Energy Loans
Administered by: Efficiency Maine Trust
Quick Summary
Efficiency Maine Home Energy Loans let you borrow up to $25,000 at 7.99% APR over 10 years for qualifying upgrades like heat pumps, insulation, air sealing, boilers, water heaters, and clothes washers—with no application fees. If you're low- or moderate-income and verify your eligibility, you can borrow up to $7,500 at a lower 5.99% APR rate over 10 years. Apply through Efficiency Maine's online portal at their website after creating an account with the Efficiency Maine Green Bank.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 22046
- Effective Date
- 4/4/2011
- Last Updated
- 1/3/2026
Eligibility
Program Summary
Efficiency Maine offers a variety of home energy loans to help customers pay for energy upgrades. Maine homeowners of any-income can borrow up to max $25,000 over 10 years with interest rates fixed at 7.99% APR. Eligible upgrades include heat pumps, insulation, and air sealing. Certain income-eligible households are eligible for up to $7,500 over 10 years with an interest rate fixed at 5.99% APR. Only upgrades eligible for a residential rebate, including heat pumps, insulation, boilers, as well as water heaters and clothes washers, are allowed. There are no application fees associated with these loans. A late payment is administered that is 5% of the amount due or $10, whichever is less. For more information, and to apply for a loan, go to Efficiency Maine's website.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.