EmPOWER Maryland Commercial and Industrial Efficiency Loan Fund

October 25, 2010


The Maryland Energy Administration (MEA) offers loans for the installation of electric and fuel (gas, fuel oil, propane, and coal) energy efficiency improvements to commercial and industrial businesses located in Maryland. Projects must have a simple payback period of 10 years or less in order to qualify for a loan. Loan amounts may range from a minimum of $35,000 up to $500,000 for electric-only energy efficiency projects and $750,000 for projects that involve both electric and fuel efficiency measures. A business may apply for multiple loans, but the total outstanding loan balance may not exceed $750,000 for all loans in aggregate. All loans under this program have a fixed interest rate of 2.5% over loan terms of up to 10 years. Loans are available for a variety of different measures undertaken at existing buildings, including but not limited to HVAC upgrades, whole building measures, weatherization improvements, motors, industrial equipment, commercial kitchen equipment, and custom measures. Loans will not be made for improvements at facilities used for fraternal or religious activities; repairs of outstanding defects or non-operational equipment; fuel switching; peak demand reduction systems; or non-fixed appliances and equipment. Eligible costs do not include new construction or major renovations, improvements not directly related to energy efficiency, financing costs, or measures that reduce energy costs without also resulting in actual energy savings. Funding for the program comes from the Maryland Strategic Energy Investment Fund (SEIF) and federal economic recovery, or ARRA funds. A total of $5.6 million is available through Fiscal year 2011 (FY 2011) under the current program budget. It is important to note that the use of ARRA funds requires that program participants comply with a special set of terms and conditions, including Davis-Bacon prevailing wage requirements on the part of contractors. Further information on these and other program requirements is available on the program web site.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Maryland
Incentive Type: Loan Program
Web Site: http://energy.maryland.gov/incentives/business/commercialIndustrialEnergyEfficiencyLoanFund.asp
Administrator: Maryland Energy Administration
Start Date:
Eligible Renewable/Other Technologies:
  • Refrigerators/Freezers
  • Lighting
  • Chillers
  • Furnaces
  • Boilers
  • Heat pumps
  • Air conditioners
  • Compressed air
  • Energy Mgmt. Systems/Building Controls
  • Duct/Air sealing
  • Building Insulation
  • Windows
  • Doors
  • Motors
  • Motor VFDs
  • Processing and Manufacturing Equipment
  • Comprehensive Measures/Whole Building
  • Custom/Others pending approval
Maximum Loan: Electric efficiency loans: $500,000
Electric and fuel efficiency (e.g., gas, oil, etc.) loans: $750,000
Loan Term: Fixed interest rate of 2.5%; loan terms of 1-10 years


Name: Jesse Fulton
Organization: Maryland Energy Administration
Address: 60 West Street, 3rd Floor
Annapolis MD 21401
Phone: (410) 260-7184
Email: jfulton@energy.state.md.us

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.