With the lower rates myEnergyLoan offers, contractors and homeowners have a financing option that can be funded by their energy savings while adding value to the homes,” said Kim Phillipi, BSES partner.
Grand Rapids, MI (PRWEB) July 29, 2010
Building Science Energy Services (BSES) became an investment partner with myEnergyLoan™ on June 25, 2010, purchasing one-third of the company. The partnership will enable BSES to provide home builders and remodelers enhanced financing options for their end-users, homeowners.
“We think the financing piece is critical to contractors in the industry. They can’t rely on tax incentives and rebates to create work for them long-term. With the lower rates myEnergyLoan offers, contractors and homeowners have a financing option that can be funded by their energy savings while adding value to the homes,” said Kim Phillipi, BSES partner.
“By offering the myEnergyLoan finance option, BSES provides even more value to its clients while extending the reach of the valuable programs that myEnergyLoan offers,” added Jeff Cole, CEO, myEnergyLoan.
A national network of mortgage lenders, real estate agents and energy contractors, myEnergyLoan provides practical home financing solutions for green home buyers, owners, and investors. Since 2005, it has funded millions of dollars in green loan packages; borrowers participating in the program have received thousands of dollars in myEnergyLoan efficiency credits. These credits have helped homeowners save money, improve the energy efficiency of their homes and enjoy better health and quality of life.
BSES provides services to state agencies (implementing Home Performance with Energy Star Programs), utility companies and contractors in the green build and retrofit industry. Consulting, training, certification, implementation and facilitation services enable its clients to comply with federal and state programs while delivering real energy savings to home and business owners.
myEnergyLoan™ serves the green building community on a National level through our support for local green businesses and lenders who deliver resources and capital to homeowners for green homes.
# # #