2016 and 2017 ENERGY STAR Contractor of the Year. Based in Portland and Bend, GreenSavers is a national leader in home energy efficiency. Get a home energy audit or estimate for insulation, windows, furnace, air conditioner, ductless heat pump, water heater, seismic or solar system.

Portland and Bend, Oregon


Financing energy projects in Portland and Bend



Paying for an energy project is easier than you might think. Whether you just moved in or have years of equity in your home, there are plenty of options to pay for the project you have in mind. Over the years, we've helped hundreds of our clients find financing that works.


This is the place to start if you're not sure how to pay for your project. You'll find an overview of the loans that are most popular with our clients. We highlight one project in particular with a full breakdown of costs, incentives, and payments. Finally, you can learn more about the lending partners that help make our projects possible in Portland and Bend.


Do you have questions about an energy loan?

Get in touch anytime or take a second to sign up for our monthly newsletter.


Our most commonly chosen loan options



There are a lot of ways to finance an energy project. Our clients most often choose loans from Craft3, a nonprofit in Portland, and Mid Oregon Credit Union in Bend. Take a look at the estimated monthly payments and terms for a $15,000 loan offered by each lender.



City Lender Payment Rate Term
Portland / Bend Craft3 $131 / mo. 6.49% 15 yrs.
Bend Mid Oregon $163 / mo. 5.50% 10 yrs.
Fine print from Craft3:  Loan amount goes up to $30,000 (6.8% APR). Loan availability, terms and conditions current as of 2/15/19 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 securd 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. Click here to learn more.

Home Equity Line of Credit (HELOC)

If you have equity in your home and want to do either an extensive energy project or combine an energy project with a larger remodel, like adding a master-suite or redoing your kitchen, you should consider a home equity line of credit (HELOC). Here are the estimated payments and terms for $75,000 HELOCs from Advantis Credit Union in Portland and Mid Oregon Credit Union in Bend.


$75,000 heloc options for portland and bend homeowners

City Lender Payment Rate Term
Portland Advantis $358 / mo. 3.99% 30 yrs.
Bend Mid Oregon $358 / mo. 3.99% 30 yrs.

“GreenSavers did a lot of the legwork. The whole process was smooth, easy.”

-Jim in SE Portland


Learn more about Jim's project in SE Portland



Jim’s furnace, AC, and water heater were getting old. Really old. And as a person that cares about his energy consumption, he knew it was time to take action.


Jim had planned on paying cash to replace his furnace, then waiting another couple years to upgrade his AC and water heater. But by waiting, he would have missed out on years of energy savings that come from doing the work all at once. That’s why he chose a Craft3 loan (6.8%, 15-year term) to install an efficient furnace, air conditioner, water heater, and insulation with GreenSavers. Here's a full breakdown of how his project turned out.


Jim's costs, credits, savings, and paymentS

Description Amount
Total install cost $13,956
Cash incentives -$499
State tax credits -$527
Net investment $12,930
Monthly loan payment $119.46
Annual energy savings -$173
Net monthly payment $105.04

The icing on the cake - Jim is paying for the loan right on his utility bill. Because his energy upgrades reduce his utility bill by around 30%, the net monthly payment is only about $105 a month. His Craft3 loan has no upfront costs and no-prepayment penalties. 


Have you scheduled an audit or estimate?






If you haven't already scheduled a home energy audit or estimate, give us a call at 866.827.5774 or schedule online. We provide estimates for insulation, windows, heating and cooling systems, water heaters, seismic retrofits and solar panels in Portland and Bend. Every project comes with a satisfaction guarantee.


Our lending partners in Portland and Bend

Craft3 is a nonprofit offering financing for energy efficiency upgrades in the Pacific Northwest. There are no up-front costs; no pre-payment penalties; and no rate increases for lower credit scores.

Learn more: Home energy efficiency loans from Craft3

Mid Oregon is the only credit union headquartered in Central Oregon. Serving Deschutes, Jefferson, Crook, Wheeler, Lake and North Klamath Counties, Mid Oregon is locally owned by more than 26,000 members.

Learn more: Home energy remodel loans from Mid Oregon  

Serving Portland, Advantis Credit Union is a nonprofit cooperative owned by more than 63,000 members. “We exist to return financial value to our members. Join us and enjoy lower rates on loans.”

Learn more: Home energy remodel loans from Advantis

SELCO is a community credit union founded in 1936. “As a not-for-profit consumer cooperative, we return our profits to our member-owners in the form of better rates and personalized service.” Serving 26 counties in Oregon.

Learn more: Personal loans and HELOCs from SELCO

“Banner Bank is a dynamic full-service financial institution, operating safely and profitably within a framework of shared integrity. Working as a team, we will deliver superior products and services to our valued clients.”

Learn more: Personal loans from Banner Bank