Home Energy Loan Program (Maryland)

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Last modified on February 12, 2015.

Financial Incentive Program

Place Maryland

Name Home Energy Loan Program
Incentive Type State Loan Program
Applicable Sector Residential
Eligible Technologies Boilers, Building Insulation, Caulking/Weather-stripping, Central Air conditioners, Comprehensive Measures/Whole Building, Custom/Others pending approval, Duct/Air sealing, Energy Mgmt. Systems/Building Controls, Furnaces, Heat pumps, Water Heaters
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs
Amount Loans from $1,500 - $30,000

Start Date 01/2011

Funding Source American Recovery and Reinvestment Act of 2009

Maximum Incentive $30,000

Terms Rates: 6.99% (with audit), 9.99% (no audit, Energy Star HVAC only)

Repayment Term: Up to 10 years

Program Administrator Maryland Clean Energy Center
Website http://www.mcecloans.com/
Date added to DSIRE 2011-01-05
Last DSIRE Review 2012-12-11
Last Substantive Modification
to Summary by DSIRE

References DSIRE[1]


Note: The eligible technologies listed above are only examples of some improvements that might be supported under this program as detailed on the program web site. Other improvements may be eligible and not all potentially eligible improvements will be appropriate for all participants.

The Maryland Energy Administration (MEA) joins the Maryland Clean Energy Center (MCEC) in offering low interest loans for projects which increase the energy efficiency of participating residences. Loans from $1,500 to $30,000 are available at an interest rate of either 6.99% or 9.99%. Property must be an owner-occupied primary residence located in the state of Maryland in order to be eligible. Single-family detached homes and townhouses are eligible for loans while condominiums and coops are unable to participate.

In order to qualify for the 6.99% interest rate, homeowners must have a complete home energy audit to determine the scope and cost of potential projects. Auditors must be MCEC approved and certified. Based upon the audit findings, homeowners may determine the most effective energy efficient measures to pursue. Typical measures include air sealing, insulation and HVAC equipment upgrades but are not necessarily limited to these improvements. Participants must then enter a contract with an approved contractor indicating the measures and costs included. After the completion of a contract, participants may register and apply for loans through MCEC. The 9.99% interest rate option is available for the replacement of existing HVAC equipment with Energy Star qualified equipment that has a minimum SEER of 16. This option does not require the homeowner to receive an energy audit.

Interested homeowners may register and apply at MCEC web site listed above or contact MCEC for further information on this program.

Incentive Contact

Contact Name Terry Daly
Department Maryland Clean Energy Center

Address 1212 West Street, Suite 200

Place Annapolis, Maryland
Zip/Postal Code 21401
Phone (443) 949-8456

Email terryd@mdcleanenergy.org
Website http://mdcleanenergy.org

  • 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)"