Montgomery County Energy Efficiency Loan Program
- Energy Program
- Montgomery County
Summary
The Montgomery County Energy Efficiency Loan Program (MCEELP) provides loans to county residents to finance energy efficiency improvements for their homes. The program is designed to help residents reduce their energy consumption, lower their utility bills, and improve the overall energy efficiency of their homes. Loans are available up to $20,000 at a low interest rate and can be used for a variety of home improvements, such as HVAC systems, insulation, windows, and solar panels. The program also offers free energy audits to help homeowners identify areas where they can make energy-efficient upgrades.
Eligibility Requirements
- The applicant(s) must must own a home in Montgomery County.
The property being improved must be the homeowner's primary residence and must meet the program's eligibility requirements, including being at least 20 years old and not subject to any liens or legal encumbrances. - The applicant(s) must must have a home energy audit performed by a certified energy auditor approved by the program.
The applicant(s) must must use the loan funds to make eligible energy efficiency improvements to the home, as identified in the energy audit report. - The applicant(s) must must be creditworthy and able to obtain financing from a participating lender.
- The loan amount must be between $2,500 and $20,000, and the loan term must be between five and ten years.
- The applicant(s) must must also comply with all program requirements and guidelines, which may include submission of a complete application, payment of any required application fees, and submission of all required documentation.
- It's important to note that meeting the above requirements does not guarantee acceptance into the program, as funding is limited and subject to availability.
Contact Information
Montgomery County Government