$5.6 Million for MD Energy Improvements Loans Available
The Maryland Energy Administration (MEA) is now offeringlow-interest loans through the EmPOWER Commercial and Industrial Energy Efficiency Loan Fund to help Maryland business improve the energy performance of their facilities. Proposed funding for the EELF is approximately $5.6 million through the end of FY 2011. Businesses may now qualify for up to $500,000 for electric efficiency projects, and $750,000 for combined electric and gas/fuel oil efficiency projects with a minimum $35,000 for energy efficiency projects. Businesses interested in the program are encouraged to download a project loan application at: www.energy.Maryland.gov/incentives/business, and to contact Jesse Fulton at jfulton@energy.state.md.us or by phone at 410-260-7184 with any questions. Applications will be reviewed and awarded on a first-come, first-served basis.