Contractor is paid both the installed equipment price and the full allowable pre-paid amount upon completion of installation. The pre-paid fuel amount is included in the total amount financed and customer is responsible for monthly payments to NEIF until the loan is satisfied. Customer will be responsible for fuel payments to contractor after the allowable pre-paid amount is used.
Input the price of equipment, installation and all related work
Input the cost of up to the first 12 months of pre-paid fuel to be included in loan, maximum 30% of installed equipment price
based on lesser of estimated amount or 30% maximum of equipment price
Equipment Price plus Allowable Pre-Paid Fuel
The EnergyPlus monthly payment plan may be paid off early or paid ahead without penalty. All loans are made directly to the consumer by National Energy Improvement Fund, LLC. For financing 24 months or less, based on fixed equal monthly payments of principal with 0% interest. Fixed interest rates range for financing term 36 to 120 months is from 7.99% to 12.99% APR based on customer credit. Minimum loan amount is $2,500 and the maximum loan amount is based on customer credit, up to $35,000. Payment estimates based on 9.99% APR. .