Pay for Home Efficiency Upgrades through Your Natural Gas Bill
New Program Can Eliminate Upfront Costs for NW Natural Customers in Washington
PORTLAND, Ore. – NW Natural is partnering with Energy Trust of Oregon and local nonprofit lender Craft3 on a groundbreaking new program that removes a major barrier to homeowners making energy-efficiency improvements: upfront costs.
Instead of paying out of pocket for these home energy upgrade projects, qualifying NW Natural customers in Washington will now be able to make monthly payments on their already low natural gas bills.
“Sometimes homeowners who could benefit the most from lower energy bills aren’t able to afford the money saving upgrades,” said Bill Edmonds, NW Natural director of environmental management and sustainability.
“We hope to change that by partnering with Energy Trust and Craft3 on this program to make energy efficiency more affordable and accessible.”
Individual loans are available for up to $15,000 to install high-efficiency gas equipment, such as, fireplaces, furnaces and tank water heaters; insulation; windows and air sealing - that qualify for Energy Trust cash incentives.
On-bill Repayment is being piloted in Washington state. Customers interested in this program can apply at www.energytrust.org/repayment.
About NW Natural
NW Natural (NYSE:NWN) is headquartered in Portland, Ore., and provides natural gas service to about 700,000 residential, commercial, and industrial customers in Oregon and Southwest Washington. It is the largest independent natural gas utility in the Pacific Northwest. Additional information is available at www.nwnatural.com.
About Energy Trust of Oregon
Energy Trust of Oregon is an independent nonprofit organization dedicated to helping utility customers benefit from saving energy and generating renewable power. Our services, cash incentives and energy solutions have helped participating customers of Portland General Electric, Pacific Power, NW Natural and Cascade Natural Gas save nearly $1.7 billion on energy bills. Our work helps keep energy costs as low as possible, creates jobs and builds a sustainable energy future. Learn more at www.energytrust.org or call 1-866-368-7878.
Craft3 is a nonprofit CDFI lender with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans to entrepreneurs, nonprofits, individuals and others, including those who don’t normally have access to financing. We then complement these financial resources with our expertise, personal connections and other advocacy for our clients. Learn more at www.craft3.org.