Financing for Heat Pumps in Maine

When considering financing options for your heat pump installation, it’s important to carefully evaluate each option’s terms, interest rates, repayment plans, and eligibility requirements. Consult with professionals and compare the available options to find the best fit for your financial situation and energy efficiency goals.

Maine Savings Federal Credit Union

Maine Savings offers an Energy Efficiency Loan to help consumers reduce their carbon footprint and invest in improving the energy efficiency of their homes.

  • Financing up to 7 years
  • No collateral needed (subject to underwriting; visit their site for more details)
  • Available to both members and non-members
  • Competitive interest rates & approval odds

Learn more and apply for financing with Maine Savings Federal Credit Union

National Energy Improvement Fund

The National Energy Improvement Fund (NEIF) is a reputable organization whose mission is to provide trusted financing for upgrades that make homes and buildings efficient, safe, healthy, and comfortable–and their leadership and staff are focused on completing that mission pragmatically.

Key features of NEIF financing:

  • Competitive interest rates
  • Flexible repayment terms
  • No prepayment penalties
  • Loan amounts tailored to individual needs

Learn more about financing options, calculate your payment, and apply for financing with NEIF by selecting the Dave’s World location you would like to work with: Augusta | Dover-Foxcroft | EdgecombEllsworth | Scarborough | Windham 

Synchrony Financing

Synchrony Financing is another option for financing heat pump installations in Maine. Synchrony is a well-established financial institution that offers various consumer financing options, including home improvement projects like heat pump installations.

Benefits of choosing Synchrony Financing:

  • Flexible repayment plans
  • Competitive interest rates
  • Quick and easy application process
  • Convenient online account management

Get started today by requesting your quote

JB Financing

JB Financing is a local financing company that specializes in providing affordable financing options for energy-efficient home upgrades in Maine. They allow consumers to see multiple financing options in under 2 minutes without a hard credit pull and offer loans specifically designed for heat pump installations, ensuring homeowners can access financing tailored to their needs.

Advantages of JB Financing:

  • No prepayment penalties
  • Flexible loan terms
  • Fast approval process
  • Excellent customer service

Learn more and apply for financing through JB


Or give us a call at 1-800-HEAT-PUMP (1800-432-8786). Our team is happy to help answer questions and walk you through the process.

Request A Free Quote