Access to affordable capital remains a significant hurdle for many Maryland homeowners, businesses, non-profit organizations, and local governments interested in energy efficiency and renewable energy projects. MEA’s Energy Finance Initiative is a collection of programs, financing tools, and other resources designed to help fill the funding needs of clean energy projects.
Financing and Technical Assistance Resources:
• Apply for low-interest financing for cost-effective energy efficiency projects from MEA’s Jane E. Lawton Conservation Loan Program.
• Access "owner's agent" services and financing support to implement energy performance contracts in the public housing sector.
Tools and Strategies for Financing Energy Projects:
• “Getting to ‘Yes’ for Energy Efficiency” guide to developing persuasive a business case for energy efficiency
Links to Financing Programs:
If you are interested in becoming a financing partner for energy efficiency and renewable energy projects, please check back often for new programs in which you may be able to participate or contact Daniel Bresette at firstname.lastname@example.org or (410) 260-7655.
Projects to reduce energy use or generate electricity from renewable sources often pay for themselves through the savings from reduced utility bills. Despite the savings potential, homeowners, businesses, and non-profit organizations can be challenged to find the money for the up-front costs of such projects. MEA’s financing programs are designed to overcome this hurdle by helping customers access low-cost capital for energy improvements. Using a $600,000 Jane E. Lawton Conservation Loan from MEA, one Baltimore office building was able to save $300,000 a year on energy costs by replacing an aging HVAC system along with lighting and other retrofits.
Maryland Clean Energy Center