Home Energy Loan Program
The following is an example of MHELP loans (at a 9.99% interest rate) available to Maryland property owners interested in improving the energy efficiency of their homes.
For homeowners interested in installing solar panels, there are specialized banks providing loans as low as 2.99% APR. To inquiry about eligibility for those loans, please fill out the pre-qualification form at: Solar Loan Pre-Qualification Questionnaire.
The Maryland Energy Administration and the Maryland Clean Energy Center (MCEC) are partnering to provide loans of up to $20,000 at a 9.99% interest rate to Maryland property owners interested in improving the energy-efficiency of their homes. The Maryland Home Energy Loan Program (MHELP) is designed to complement existing utility rebates to help homeowners overcome the up-front cost barriers associated with whole-house energy efficiency upgrades.
MHELP will empower Marylanders to take control of their energy future and stimulate the growth of green collar jobs.
How to Apply
Homeowners, visit the MCEC loans How to Apply webpage for details.