EmPOWER Maryland Commercial and Industrial Efficiency Loan Fund (Maryland)

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Last modified on October 6, 2012.

Financial Incentive Program

Place Maryland

Name EmPOWER Maryland Commercial and Industrial Efficiency Loan Fund
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial
Eligible Technologies Refrigerators, Lighting, Chillers, Furnaces, Boilers, Heat pumps, Central Air conditioners, Compressed air, Energy Mgmt. Systems/Building Controls, Duct/Air sealing, Building Insulation, Windows, Doors, Motors, Motor VFDs, Processing and Manufacturing Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval
Active Incentive No

Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs
Amount Varies, minimum loan of 35,000

Maximum Incentive Electric efficiency loans: 500,000

Electric and fuel efficiency (e.g., gas, oil, etc.) loans: 750,000

Program Budget $5.6 million (through FY 2011)

Terms Fixed interest rate of 2.5%; loan terms of 1-10 years
Program Administrator Maryland Energy Administration
Website http://energy.maryland.gov/incentives/business/commercialIndustrialEnergyEfficiencyLoanFund.asp
Date added to DSIRE 2009-12-07
Last DSIRE Review 2010-10-25

References DSIRE[1]


The Maryland Energy Administration (MEA) offers loans for the installation of electric and fuel (gas, fuel oil, propane, and coal) energy efficiency improvements to commercial and industrial businesses located in Maryland. Projects must have a simple payback period of 10 years or less in order to qualify for a loan. Loan amounts may range from a minimum of $35,000 up to $500,000 for electric-only energy efficiency projects and $750,000 for projects that involve both electric and fuel efficiency measures. A business may apply for multiple loans, but the total outstanding loan balance may not exceed $750,000 for all loans in aggregate. All loans under this program have a fixed interest rate of 2.5% over loan terms of up to 10 years.

Loans are available for a variety of different measures undertaken at existing buildings, including but not limited to HVAC upgrades, whole building measures, weatherization improvements, motors, industrial equipment, commercial kitchen equipment, and custom measures. Loans will not be made for improvements at facilities used for fraternal or religious activities; repairs of outstanding defects or non-operational equipment; fuel switching; peak demand reduction systems; or non-fixed appliances and equipment. Eligible costs do not include new construction or major renovations, improvements not directly related to energy efficiency, financing costs, or measures that reduce energy costs without also resulting in actual energy savings.

Funding for the program comes from the Maryland Strategic Energy Investment Fund (SEIF) and federal economic recovery, or ARRA funds. A total of $5.6 million is available through Fiscal year 2011 (FY 2011) under the current program budget. It is important to note that the use of ARRA funds requires that program participants comply with a special set of terms and conditions, including Davis-Bacon prevailing wage requirements on the part of contractors. Further information on these and other program requirements is available on the program web site.

Incentive Contact

Contact Name Jesse Fulton
Department Maryland Energy Administration

Address 60 West Street, 3rd Floor

Place Annapolis, Maryland
Zip/Postal Code 21401
Phone (410) 260-7184
Phone 2 (800) 723-6374

Email jfulton@energy.state.md.us
Website http://www.energy.state.md.us/

  • 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)"