Everything you need to know about Solar Thermal Incentives
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 |