Be SMART Home Efficiency Loan Program (Maryland)

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Last modified on February 12, 2015.

Financial Incentive Program

Place Maryland

Name Be SMART Home Efficiency Loan Program (Maryland)
Incentive Type State Loan Program
Applicable Sector Residential
Eligible Technologies Boilers, Building Insulation, Caulking/Weather-stripping, Ceiling Fan, Central Air conditioners, Custom/Others pending approval, Doors, Duct/Air sealing, Equipment Insulation, Furnaces, Heat pumps, Lighting, Programmable Thermostats, Refrigerators, Water Heaters, Windows, Ventilating Fans; Furnace Cleaning/Tuning; Energy Saving Health and Safety Measures
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs
Amount Varies

Funding Source American Recovery and Reinvestment Act (ARRA); State Energy Program

Maximum Incentive Maximum loan of $15,000

Program Budget $20 million (collective funding for residential, multi-family residential, and commercial)

Terms Unsecured loans with 3, 5, or 10 year term; interest rate of 4.99% for Be SMART Home Complete loans; 6.99% for Be SMART Home Energy Star
Program Administrator Maryland Department of Housing and Community Development

Last DSIRE Review 2013-02-15
Last Substantive Modification
to Summary by DSIRE

References Database of State Incentives for Renewables and Efficiency (DSIRE)[1]


Note: The eligible technologies listed above are only examples of some improvements that might be supported under this program. Other improvements may be eligible.

Under the Be SMART Homes program, the Maryland Department of Housing and Community Development offers loans to homeowners for energy efficiency retrofit projects in their primary residence. The program offers unsecured loans of up to $15,000 with terms of 3, 5, or 10 years. Interest rates vary depending on which type of loan a homeowner chooses:

  • Be SMART Home Energy Star, which supports appropriate heating and cooling and purchases of Energy Star appliances, has a 6.99% interest rate.
  • Be SMART Home Complete, which supports a wide variety of efficiency improvements based on the results of a required energy audit, has a 4.99% rate.

Participants of either loan option must work with a program-approved weatherization contractor. In addition, in order to qualify for a loan, residents must have a credit score of at least 640, a debt-to-income ratio of 50% or less, and have their income level verified.

Separate energy efficiency loan programs exist under the Be SMART initiative for energy efficiency in multi-family buildings and business properties. Please see the program web site for additional details.

This program is part of the U.S. Department of Energy's (DOE) Better Buildings Program. The DOE has awarded over $500 million in federal funds to more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs are expected to improve the efficiency of more than 170,000 buildings through 2013 and save up to $65 million in energy costs annually.

Incentive Contact

Contact Name Program Administrator - Be SMART Homes
Department Maryland Department of Housing and Community Development
Division Community Development Administration
Address 100 Community Place

Place Crownsville, Maryland
Zip/Postal Code 21032
Phone (410) 514-7989


  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"