Jane E. Lawton Conservation Loan Program (JELLP)

The Jane E. Lawton Conservation Loan Program (JELLP) provides eligible nonprofits, including hospitals and private schools,  local governments, including public school systems and community colleges, and businesses in Maryland a unique opportunity to reduce their operating expenses by identifying and installing energy conservation improvements. The program honors the late Delegate Lawton for her dedication to Maryland’s environment and energy efficiency. JELLP allows borrowers to use the cost savings generated by the improvements as the primary source of revenue for repaying the loans. This neutral budget impact makes JELLP an attractive financing opportunity for interested organizations.

Projects applying for funding through JELLP should have a simple payback of ten years or less. All costs necessary for implementing an energy conservation project can be considered for funding, including the technical assessment, reasonable fees for special services, plans and specifications, and the actual costs of construction. The interest rate for the JELLP loan is guaranteed to be below market rate.

By offering the Jane E. Lawton Loan Program as a revolving loan fund rather than a one-time grant, Maryland is able to maximize the use of the funds. Repayments and interest earned by the fund will allow the program to continue making loans for the foreseeable future. To date, 58 loans have been made providing $15,636,000 for energy efficiency improvements, with cumulative energy savings of over $20 million.

Please address questions & comments via email to Dan Bresette, dbresette@energy.state.md.us or call 1-800-72-ENERGY

Additional Information

Jane E Lawton Conservation Loan Program Application (2008)

Please note: 2009 JELLP loan applications are not yet being accepted.

 

 

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