Be SMART Home Energy Loan Program

May 29, 2019


Note: The eligible technologies listed above are only examples of some improvements that might be supported under this program. Other improvements may be eligible.

Under the Be SMART Home Energy Loan program, the Maryland Department of Housing and Community Development offers loans to homeowners for energy efficiency retrofit projects and installing ENERGY STAR products in their primary residence. The program offers unsecured loans of up to $30,000 at 4.99% interest rate for terms of 10 years.

Participants must work with a program-approved weatherization contractor to install energy efficiency improvements and weatherization. In addition, in order to qualify for a loan, residents must have a credit score of at least 640, a debt-to-income ratio of 50% or less, and have their income level verified.

The Department reviews the financial information of the applicant, an energy audit identifying at least 15% energy cost savings opportunities, contractor quotes, and equipment specifications before closing the loan.

List of energy efficiency measures that qualify for the program, but not limited to include:

  • Insulation
  • Air sealing
  • Lighting
  • Furnace cleaning/tuning and burner repair/replacement
  • Health and safety items that improve energy efficiency (25% cap)

Qualified ENERGY STAR improvements include, but not limited to

  • Air Source Heat Pumps
  • Central AC Systems
  • Boilers (All Fuels)
  • Water Heaters
  • Refrigerators
  • Ceiling Fans
  • Programmable Thermostats
  • Ventilating Fans

Separate energy efficiency loan programs exist under the Be SMART initiative for energy efficiency in multi-family buildings and business properties. Please see the program web site for additional details.

This program is part of the U.S. Department of Energy's (DOE) Better Buildings Program. The DOE has awarded over $500 million in federal funds to more than 40 states, local governments, and organizations to administer local programs targeting a variety of building types. Combined, these local programs are expected to improve the efficiency of more than 170,000 buildings through 2013 and save up to $65 million in energy costs annually.


Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Maryland
Incentive Type: Loan Program
Web Site:
Administrator: Maryland Department of Housing and Community Development
Start Date:
Eligible Renewable/Other Technologies:
  • Refrigerators/Freezers
  • Ceiling Fan
  • Equipment Insulation
  • Water Heaters
  • Lighting
  • Furnaces
  • Boilers
  • Heat pumps
  • Air conditioners
  • Programmable Thermostats
  • Caulking/Weather-stripping
  • Duct/Air sealing
  • Building Insulation
  • Windows
  • Doors
  • Custom/Others pending approval
  • Other EE
Maximum Loan: Maximum loan of $30,000
Loan Term: Unsecured loans with 10 year term; interest rate of 4.99%
Installed materials and equipment must be new
Must be installed by a program approved contractor


Name: Program Administrator - Be SMART Homes Efficiency Program
Address: 7800 Harkins Road
Lanham MD 20706
Phone: (301) 429-7402

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.