Jane E. Lawton Conservation Loan Program
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| Lawton Loan recipient One North Charles received a High Performance Building Award, proving that energy efficiency is a smart investment that generates real results. To learn more, read the press release. |
The Jane E. Lawton Conservation Loan Program provides eligible non-profit organizations (including hospitals and private schools), local governments (including public school systems and community colleges), and businesses in Maryland a unique opportunity to reduce operating expenses by identifying and installing energy conservation improvements. The program honors the late Delegate Lawton for her dedication to Maryland’s environment and energy efficiency.
The Lawton Loan Program allows borrowers to use the cost savings generated by added improvements as the primary source of revenue for repaying the loans. This neutral budget impact makes JELLP an attractive financing opportunity for interested organizations.
By offering the Jane E. Lawton Loan Program as a revolving loan fund rather than a one-time grant, Maryland is able to maximize the use of the funds. Repayments and interest earned by the fund will allow the program to continue making loans for the foreseeable future. To date, more than 50 loans have been made providing about $21 million for energy efficiency improvements across Maryland.
Update: Fiscal year 2012 (July 1, 2011-June 30, 2012) program terms
In FY 2012, $2.5 million is available for Lawton Loans to eligible non-profit organizations, local governments, and businesses for energy efficiency and conservation improvements.
Until July 29, 2011, 33 percent of available loan funds are reserved for non-profit organizations. Applications from local governments and businesses are considered together with energy savings as the key differentiating feature. From Aug. 1, 2011-June 30, 2012, all available funds are pooled and loaned to eligible organizations on a first-come, first-served basis. MEA has prepared a slide presentation that includes more information about program guidelines and the application process.
How to Apply
Projects applying for funding through JELLP should have a simple payback of 10 years or less. All costs necessary for implementing an energy conservation project can be considered for funding, including the technical assessment, reasonable fees for special services, plans and specifications, and the actual costs of the conservation measures. The interest rate for all Lawton Loans made during FY12 will be 2.5 percent.
The minimum request for funding is $40,000; the maximum is $500,000. The MEA will consider larger loan requests on a case-by-case basis, based on energy savings.
Loan Application
Additional Information
Lawton Success Stories
- Highlandtown Healthy Living Center promotes a healthier environment
- Baltimore office building earns "High Performance Building Award"
- MEA EmPOWERs Clean Energy Communities and visionary artists
Other Incentives
- Find support for improving industrial energy efficiency through Maryland Save Energy Now
- BGE Smart Energy Savers
- Pepco C&I Energy Efficiency Incentive Program
- Delmarva Power C&I Energy Efficiency Incentive Program
- Allegheny Power Watt Watchers
- Southern Maryland Electric Cooperative Energy Services
Contact
For additional information about the Lawton Loan Program, contact Daniel Bresette by e-mail at dbresette@energy.state.md.us or call 1-800-72-ENERGY.