Clean Energy Advantage Loan Program

The Clean Energy Advantage Loan Program offers Maryland residents served by utilities BGE, SMECO, Potomac Edison, Delmarva Power, Pepco (excluding Montgomery County), or Washington Gas a financing option for energy measures. The loan project must be combined with utility rebates (i.e., go through the applicant's utility's Home Performance with Energy Star, Home Energy Improvement Program, or HVAC rebate program) and use a participating contractor. Loan amounts range from $3,000 up to $50,000 while funds last. 0% APR interest is available for the first 24 months with 50% rate reduction applied after 24 months. Secured loans may receive rates as low as 4.99%, while unsecured loans may receive rates as low as 7.99%. Loan term options include 3, 5, 7, or 10 years. Final approval depends on underwriting guidelines and credit scores as low as 580 may qualified. Specific measures vary by utility rebate program. Common upgrades include A/C, heating, insulation, windows, and more.