Our home energy loans help hundreds of Oregon homeowners annually.
Finance up to 100 percent of eligible energy efficiency - measures up to a maximum loan amount of $30,000.
No up-front loan fees or prepayment penalties. Perfect credit not required.
Competitive interest rates, with no rate increase for lower credit scores.
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!
* Savings Within Reach On-Bill Repayment maximum loan amounts are determined by the type of home upgrade(s) proposed. Learn more here. Visit Savings Within Reach - Energy Trust of Oregon for income guidelines and incentive eligibility.
** APR, Annual Percentage Rate based on example loan criteria.
*** Loan availability, terms and conditions current as of 1/1/23 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.
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.
Craft3 provided Shadia with a Home Energy Loan to seal the basement and attic, insulate the walls and install a new water heater and two heat pumps. Her Craft3 loan is repaid through her regular utility bill.
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.
Pacific Power 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 Pacific Power as their utility.
“I love numbers! But I never forget that behind every application I review there’s a person that deserves careful and personalized attention.”