NW Natural (Ore.)

Our home energy loans help hundreds of Oregon homeowners annually.

Simple and accessible financing that lets you borrow the full cost of eligible energy improvements whether it’s installing a heat pump, insulating your home, or upgrading your hot water heater.

Financing to Fit

Finance up to 100 percent of eligible energy efficiency - measures up to a maximum loan amount of $30,000.

Simple Terms

No up-front loan fees or prepayment penalties. Perfect credit not required.

Fair Rates

Competitive interest rates, with no rate increase for lower credit scores.

a group of people standing around a kitchen counter

Make A Change For The Better.

Our financing has helped hundreds of homeowners. Our team makes it easy and helps you every step of the way. We look forward to working with you!


  • Offered to customers whose primary heat provider is NW Natural.
  • Perfect credit not required.
  • To assist in our loan decision, we may assess the last 12 months of your utility payments.
  • Property must be owner-occupied.
  • Detached single-family homes are eligible for all financing offers. Condominiums, townhomes, manufactured homes, and small multifamily properties may be eligible for certain offers.

Rates & Terms

  • Competitive interest rates, with no rate increase for lower credit scores.
  • Convenient repayment through your utility bill.
  • Additional program or utility incentives may be available. Your contractor can determine eligibility.
  • Finance up to 100 percent of eligible measures up to a maximum loan amount of $30,000.
  • No up-front loan fees or prepayment penalties.


  • NW Natural customers are eligible for the Craft3 Home Energy Loan, Oregon On-Bill Repayment and Savings Within Reach On-Bill Repayment. Certain households may also be eligible for free or low-cost weatherization services. For more information about free services and rebates, contact Energy Trust of Oregon at 1-866-311-1822.
  • Savings Within Reach On-Bill Repayment may be available depending on your annual income. Visit Savings Within Reach for income guidelines and incentive eligibility.
Craft3 Home Energy Loan
(On-Bill Repayment)
Oregon On-Bill Repayment
Savings Within Reach On-Bill Repayment*
Loan Amount
$2,500 - $30,000
$2,500 - $15,000
under $2,500
$2,500 - $15,000
up to 15 years
up to 10 years
up to 5 years for amounts under $2,500
up to 10 years for amounts $2,500 - $15,000
Loan Fee
Recording Fee
15-year, $15,000 loan at 8.99%(9.24% APR**). 
180 payments of $154.02 per month.
10-year, $10,000 loan at 8.99% (9.47% APR**). 
120 payments of $128.93 per month.
5-year, $1,500 loan at 8.49%(8.49% APR**). 
60 payments of $31.85 per month.
10-year, $10,000 loan at 8.49% (8.49% APR**). 
120 payments of $126.17 per month.

* Learn more about Savings Within Reach - Energy Trust of Oregon.
** APR, Annual Percentage Rate based on example loan criteria and assuming a 3-month construction period.
*** Loan availability, terms and conditions current as of 01/01/24 and are subject to change. All loan applications are subject to credit and project approval. Applicants must be a customer of a listed participating utility. Loans are secured by a UCC-1A filing recorded with the county. Subordination may be available with lender approval, fees may vary. Principal balance and interest is due on sale, transfer, refinance or maturity. Examples include financing of Loan Fee and Recording Fee, where applicable.

Financing Your Home Energy Project With Craft3

Get Started TodayIniciar

Our online application is user-friendly and we’re standing by to help. Pre-approval in as few as three to five business days.


Work with your contractor to finalize project cost.

NOTE: Your contractor must be approved as a trade ally by the program and/or utility. Contact us here for more information.


Securely sign your electronic loan documents. By request, document signing is also available by mail.


When your loan documents are signed, your contractor can get to work. When you’re satisfied with the work, you authorize final payment to your contractor.

NOTE: Some programs require a post-project review before final payment can be made to your contractor.


Repay your loan with automated payments through your utility bill.

Customer Stories

Financing in a Moment of Crisis

When the Wilson’s furnace failed in November, they found themselves in a difficult situation. A Craft3 Home Energy Loan let them purchase a new, efficient furnace quickly and keep their home warm through the winter.

Pay it Forward

Our Lending Model

When you repay your loan, we use that money to make other loans. This allows us to serve more homeowners. Over time, this makes a big difference for communities, local economies, and the environment.

Craft3 lending model diagram

Additional Resources

NW Natural offers additional programs and rebates that may help you save money or time.

Energy Trust of Oregon also offers rebates and incentives.

Download the Home Energy Loan brochure for Oregon homeowners with NW Natural as their utility. Available in English and Español.

Download this Home Energy Loan FAQ that answers the questions most commonly asked.

Our Team

Tara guides customers through the loan closing process with grace and skill. She’s got you covered!

Tara Constantine
Consumer Loan Closing Specialist