The Clean Energy Advantage Program (CEA) provides Montgomery County, MD homeowners with access to preferential financing from the Green Bank’s partner lending institutions.

Ready to go? The CEA Program is available ONLY through our Participating Contractors! Find a participating contractor by clicking here and expanding the menu. 

Interested in a case study from borrowers? See examples by clicking here. 

Programs Available:

Clean Energy Advantage – Energy Efficiency

Clean Energy Advantage – Renewable Energy

Energy Efficiency Program Terms

Borrower: 

Homeowners in Montgomery County, Maryland. 

Funds for: 

Energy Efficiency, EV Charging

Participating Lender

Clean Energy Advantage program loans offered by:

Clean Energy Credit Union

Participating Contractors

Contractors offering the program mabe be found here.

Contractors not on the list should contact the Green Bank.

Eligible Buildings:

Single family homes, townhomes, and condominiums

Eligible Clean Energy Technologies:

  • Air Leakage Reduction, Insulation, Duct Sealing

  • High Efficiency Electric or Gas Heating, Cooling or Hot Water

  • EV Charging stations

Loan Size:

 $3,000 to $35,000. 

Financing Structure:

  • Type:  Unsecured Loans or Secured Loans via a UCC-1 filing on equipment. 

  • Tenure:  Unsecured of 3 and 5 years; Secured of 3 years, 5 years or 10 Years

  • No Prepayment Penalty

  • Credit scores of 640 and above

% Financing Available

100% Financing For Improvements

Rates:

Fixed Rate for term of loan.
Preferred rates for Montgomery County.

Unsecured:

  • 6.49%  For 3 Year

  • 7.40%  For 5 Year

Secured:

  • 2.75% for 3 years

  • 3.25% for 5 years

  • 4.24% for 10 years

Rates shown are for best credit; rates vary to borrower based on several factors, including borrower's credit and market conditions. Rates are subject to change.

Fees:

  • Lender application fee of $25.  Borrower must join Credit Union for $10 and a deposit of $5.

  • Green Bank fee of $200

  • No other fees

Renewable Energy Program Terms

Borrower: 

Homeowners in Montgomery County, Maryland.

Funds for: 

  • Solar PV

  • Geothermal

  • Energy Storage

Participating Lender

Clean Energy Advantage program loans offered by:

Clean Energy Credit Union

Participating Contractors

Contractors participating in the program may be found here.

Contractors not on the list should contact the Green Bank.

Eligible Buildings:

Single family homes, townhomes, and condominiums

Eligible Clean Energy Technologies:

Geothermal, Solar PV, Energy Storage

Loan Size:

Up to $50,000

Financing Structure:

Short Term Loan to bridge Investment Tax Credits

  • Up to 26% of project cost

  • 12 to 18 month term

  • No current payment; paid in full at term

  • No prepayment penalty

Long Term Loan for Balance of Project Costs

  • Up to 74% of project cost

  • 12 year, 15 year, 20 year terms

  • Fully amortizing for term

  • No prepayment penalty

Rates:

Fixed Rates for Term of Loan.
Preferred rates for Montgomery County.

Short Term

  • 4.49% For 12 to 18 months

Long Term

  • 4.49% for 12 yeears

  • 4.74% for 15 years

  • 4.99% for 20 years

Rates are shown for best credit; rates vary to borrower based on serveral factors including borrower's credit, term, and market conditions.  Rates are subject to change.

Fees:

  • Lender application fee of $25 for each loan.  Borrower must join Credit Union for $10 and a deposit of $5.

  • Green Bank fee of $200.

  • No other fees.

Participating Contractors

Case Studies