Green Energy Loan Program

The Green Energy Loan Program was created to advance public and private investment in clean energy and other innovative green technologies in Prince George's County.

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Green Energy Loan ProgramPrint This Page

The Green Energy Loan Program was created to advance public and private investment in clean energy and other innovative green technologies in Prince George’s County.

The County provides a loan guaranty to participating lenders to compel them to provide financing for building energy efficiency improvements, energy conservation, and renewable energy.

The Green Energy Loan Program offers multiple benefits to a broad range of stakeholders including building owners, municipalities, mortgage holders, lenders, energy efficiency/renewable energy contractors and job creation.

Features:Print This Page

  • Loan Term: Not to exceed 20 Years
  • Loan Guaranty Size: Up to $250,000.00
  • Interest Rate: Market, typically not exceeding 4%
  • Energy Audit or Feasibility Study is Required
  • Eligible Borrowers: Commercial and Industrial Building Owners
  • On-going Servicing/Guaranty Fee: 20 BPS on outstanding principal balance annually

 

If you are ready to apply for the The Green Energy Loan Program now, please call us or click here to begin the application process.

301.883.6900