The Maryland Energy Administration (MEA) is partnering with the Maryland Clean Energy Center (MCEC) with support from the U.S. Department of Energy to develop an innovative energy efficiency financing initiative for Maryland property owners.

As part of the Governor’s Smart, Green, and Growing Initiative, the Maryland Home Energy Loan Program (MHELP) will help Marylanders take control of their energy future and stimulate new “green collar” jobs.

This new initiative uses private capital for energy efficiency  investment and encourages Marylanders to invest in their homes, reduce their energy bills, support economic development and job creation, and minimize their environmental impact.

There are two interests rates available for eligible consumers. A rate of 6.99% APR is available for consumers completing an energy audit and installing insulation and duct sealing measures. A rate of 9.99% APR is available for consumers completing equipment upgrades only, such as a furnace or HVAC unit that meet MCEC and ENERGY STAR standards.