Savings Examples

The average program participant saves 410 gallons of oil per year. That's over $1,300/year at 3.23/gallon (statewide average price, October 2011).

Find out if the Home Energy Savings Program is a good fit for your home. Answer a few quick questions (PDF) or use this calculator.

The cost of energy upgrades is typically paid for by energy savings. Check out these examples.

	Typical single family home	Deep energy upgrade	Four-unit upgrade
Annual heating oil costs	$3,230	$3,230	$9,690
Projected energy savings	25%	50%	25%
Dollars saved (annually)	$808	$1,615	$2,423
Audit cost	$500	$500	$1,000
Project cost	$5,000	$12,500	$16,000
Amount to finance	$5,500	$13,000	$17,000
Annual PACE Loan payment*	$522	$1,233	$1,612
Immediate annual savings starting year one	$286	$382	$810

*15 year, 4.99% APR, Maine PACE Loan

Effective January 1, 2011.