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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 SourceAmerican Recovery and Reinvestment Act (ARRA)
Program Budget$30 million
Equipment StandardsNone Listed
Installation StandardsNone 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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