Thursday, December 23, 2010
Maryland homeowners offered low-cost efficiency loans
The Center has launched a new Maryland Home Energy Loan Program to help fund upgrades including better insulation and higher-rated heating and cooling equipment.
Using economic stimulus funding, the program will help the state in its goal of reducing carbon emissions by 20% by 2025.
In order to apply for a loan, homeowners must first have a home energy audit carried out by a certified auditor, which will recommend ways that their homes can save energy. Homeowners who have had a qualified audit since July 1, 2010, can apply immediately.
Malcolm Woolf, Director of the Maryland Energy Administration, added: “Building on the recent successes of our Home Appliance Rebate Program, these Low-Cost Home Efficiency Loans will help keep money in Marylanders’ pockets and bring our state closer to meeting our EmPOWER Maryland goal of reducing energy consumption by 15% by 2015.” Originally posted here
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