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About the Project: Hampshire Tower Apartments is making significant improvements to its energy footprint, and solar is one of the measures it is using to get there. By installing solar, Hampshire Tower Apartments will offset approximately $20,000 in energy costs per year and generate an additional $5,000 in SREC revenue. Not only will the system mitigate greenhouse gases, it will produce a positive net ...
About the Project: 8101 Connecticut Avenue Condominium will use a CLEER loan to undergo renovations caused by aging infrastructure, including a new roof, new elevators, and new hot water boilers. With these energy efficiency and renewable improvements, the condominium will offset approximately $25,000 in energy costs per year. The renovation cost will be $6.9 million, of which Green Bank’s loan portion will account for ...
About the Project: Meadowbrook Stables will use solar energy to help reduce its carbon footprint and help mitigate greenhouse gases. Installing the solar PV system will produce more than 154,000 kilowatt hours per year of clean, renewable energy for the Meadowbrook Stables and will lower greenhouse gas emissions by 2,087 metric tons of carbon dioxide over the first 20 years of usage. These ...
About the Project: The community hall at the Unitarian Universalist Church of Silver Spring was completed in 1965 and was last renovated in 1977. In order to sustain the community hall, the church will use a Small Business Energy Savings Support (“SBESS”) interest-only bridge loan to make significant energy efficiency improvements and the installation of a 25 kW solar array. This project presents ...
About the Project: Housing Unlimited, an affordable housing non-profit organization in Montgomery County, MD, provides affordable housing for people in mental health recovery so that they can live in an independent environment. To reduce electricity bills for three of their single-family properties, Housing Unlimited installed more than 20 kW of solar PV energy to produce almost 25,000 kWh of clean, renewable energy throughout ...
About the Project: Epworth United Methodist Church of Gaithersburg, MD is installing 117.9kW of solar PV energy on the roof of their church to produce over 139,000 kWh of clean, renewable energy throughout the first twelve months of use. Epworth is a multicultural and multilingual United Methodist Church made up of members that look to reduce the church’s environmental impact. The project was ...
About the Project: Stewart Avenue Warehouses will use a CLEER loan to install a 412kW solar system and sell the electricity output via community solar subscriptions from the warehouse tenants and subscribers within the Pepco territory. The solar system will produce 515,000 kWh in its first year and generate an average of 491,256 kWh per year over the next 20 years. This energy ...
About the Project: The Jewish Council for the Aging of Greater Washington (JCA) is part of the Jewish Federation of Greater Washington and has been operating since 1973. JCA is using financing from the Green Bank’s Commercial Solar Power Purchase Agreement (CSPPA) to install 86.87kW of solar PV energy on the roof of their Senior Assistance Facility located in Rockville, MD. This solar ...
About the Project: Community Solar at Paddington Square is a 273-kW solar PV community solar project being developed by Sunlight General and Groundswell on the Housing Opportunities Commission’s (HOC) Paddington Square affordable housing rental property. The community solar array will offer 91 subscriptions to Montgomery County households of which 28 will be for low- and moderate-income households, including at least 10 for families ...
About the Project: The Saint Stephen Lutheran Church of Silver Spring, “St. Stephen’s” has been serving the Silver Spring area since 1959 and is part of the Evangelical Lutheran Church of America. St. Stephen’s is installing 31.6 kW of solar PV energy on the roof of their Church Building located in Silver Spring, MD. This solar system will produce 35,447 kWh of clean, ...
About the Project: Glen Manor is a 32-unit affordable condominium in a prime location with diverse residents consisting of families, couples, and single individuals of all ages. Aging mechanical systems needed repair and the community explored options for over two years, including selling the property. The community’s love of the property created a different solution. The partnership between the Montgomery County Green Bank ...
About the Project: Sandy Spring Bank, backed by the Montgomery County Green Bank’s CLEER Program to help the Olney Ale House rebuild a more energy efficient and more flexible space with dining options following a fire that closed the restaurant in 2019. Montgomery County Green Bank’s Role The Montgomery County Green Bank and Sandy Spring Bank have a partnership with the ...
About the Project: The tenants of the Glascock Office Building represent leaders in environmental advocacy and have pursued a series of comprehensive energy efficiency upgrades since 2006. The property owners capped off their series of upgrades with the replacement of their HVAC system with a new energy-efficient 120-ton rooftop HVAC unit. With all replacements undertaken, the property’s average annual energy consumption savings is ...
About the Project: The Board and residents of Takoma Overlook spent a couple years exploring the options to conduct needed energy efficiency improvements to their property. In 2019, the association pursued a comprehensive set of improvements to reduce operating costs associated with the aging systems and also find savings in the reduced energy consumption. With all replacements undertaken, the property’s average annual energy ...
About the Project: Stockbridge at Tanglewood Condominiums became the first local commercial entity to use a loan under the Small Business Energy Savings Support product to improve its operating budget and gain savings. The Association worked closely with the Montgomery County Green Bank and City First Enterprises to secure a $44,000 loan. New LED fixtures on the property are reducing energy consumption by ...
About the Project: The solar PV system consists of 49 Hanwa 320 Watt solar modules 15.68 kW with 49 Enphase IQ7-60-x-US microinverters and the state-of-the art Enphase remote monitoring platform. Solar PV systems use a multitude of photovoltaic cells to convert sunlight into electricity. When light shines on the PV cell, the components move rapidly and create electricity; and stronger sunlight creates more ...
About the Project: Residents in Montgomery County installed a closed loop geothermal system with two loops and water furnace. This household now has a Projected Annual Energy Savings of: Conversion from Gas: 24,584 kWh (of equivalent heat & electricity) Conversion from Electric: 9,275 kWh A geothermal system is similar to a conventional heat pump heating and cooling system. A conventional heat pump, also ...
About the Project: The Green Bank, in partnership with City First Enterprises, closed a $60,000 loan to help the Clarksburg Condominium II association fund an electric vehicle supply equipment (EVSE) infrastructure project. Through this project, the Clarksburg Condominium II will install six EV chargers on the property for use by its residents and contribute to mitigating 55 metric tons of carbon dioxide per year. ...
Testimonials
“Working with the Green Bank has helped us work better with our customers to achieve the best energy efficiency outcomes.”
“We have been grateful for the Green Bank throughout this process. In a time when restaurants and retail outlets need the help to undertake re-opening improvements, the Green Bank’s financing provides the flexibility we need to execute our needed energy efficiency property improvements to achieve our re-opening plan.”
“It was a very straightforward process. What you saw was what you get. There was no hidden fees or hidden questions about what the financing process was going to go through. Easy financing through the Green Bank has been awesome and allowed us to do this project.”
“We would have never gone solar without the Montgomery County Green Bank.”
“If it hadn’t been for Green Bank, we wouldn’t be in a better position now than we were.”
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Montgomery Country Green Bank Featured in CBC News Article – Can Green Banks bring clean energy to the masses?
Can 'green banks' bring clean energy to the masses? The U.S. is betting $27B on it. (August 2022) - You've heard of the gold ...
Montgomery County Green Bank featured in Maryland Matters article
It's Not That Easy Being a Green Bank in Maryland - But It's Getting Easier. The Montgomery County Green Bank, which has existed since ...
