Home Energy Loans

Are you looking for a way to conserve on energy costs? Let our low interest loan program help you get there.

Financing Amounts

Financing amounts can range from $1,000 to $15,000, and customers can choose financing terms of 12, 24, 36, 48 or 60 months. The monthly payment is based on a whole dollar figure and will be included on the monthly utility bill. Loans over $7,500 must be secured by a Deed of Trust. For each application a $50 service charge for residential loans and a $100 service charge for commercial loans will be assessed. This service charge can be included in the amount financed.

Financing is available for approved conservation measures only. For a list of approved measures contact Conservation Assistant Sara Bernards at (503) 435-3115

Qualification is based on your utility payment performance. The loan interest rate is set at the Local Government Investment Pool (LGIP) rates plus 2.5% per annum. The interest rate is set on the date of the conservation loan finance agreement, and will remain fixed for the duration of the loan.

Conservation Loan Application