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Maine PACE Loans

Incentive Type  PACE Financing
Eligible Technologies  Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps, Renewable energy installations or electric thermal storage systems approved by Efficiency Maine Trust
Applicable Sectors  Residential
Terms  Loan amount (range): $6,500 to $15,000
Term length: Up to 15 years
Interest rate: 4.99% (fixed)
Funding Source American Recovery and Reinvestment Act (ARRA)
Program Budget $30 million
Equipment Standards None Listed
Installation Standards None Listed
Start Date  04/04/2011

More Information Contact:

Dana Fischer
Efficiency Maine
151 Capitol Street
Suite 1
Augusta, ME 04330
Phone: (866) 376-2463
Web Site:http://www.efficiencymaine.com

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