Residential Solar Panels S,olar Service
Written by Lisa Walsh

Solar Financing via Maryland’s Be Smart Loan Program

Residential Solar ,Panels Solar ServiceSolar Energy Services, Inc. recently became an approved contractor with the Be SMART Home Loan Program. This State of Maryland financing vehicle offers unsecured loans of up to $30,000 at a 4.99% interest rate. Aimed towards Maryland residents looking to lower utility costs, improve energy efficiency and add value to their Maryland home. The following solar projects qualify:

Solar Electric (Photovoltaic) Systems

These grid-tied solar systems give homeowners the option of purchasing more than 25yr worth of electricity at a fraction of the cost of their “rented” utility rates. Systems are purchase outright, and are eligible for the multiple financial incentives currently available.

Solar Water Heating (Thermal)

These systems are entirely separate from solar electric (PV) systems. They are most cost-effective for a Maryland family of 4 or more who currently heats their home’s water with electric, propane or oil. They require a relatively small amount of roof space and the upfront investment is lower than solar electric.

What are the Loan Qualifications and requirements?

  • Maryland resident
  • Home Owner
  • Verification of income
  • Credit score over 640
  • Debt-to-income ratio below 50%
  • Completion of a home energy audit

There is up to $30,000 in financing available for eligible homeowners.

What other upgrades qualify for the Be Smart Loan program?

Other qualifying energy efficiency upgrades throughout the home could include: energy efficient roof replacement, geothermal system, air infiltration reduction measures, increased insulation, hot water system improvements, heating systems maintenance or replacement, programmable thermostats, ceiling fans, windows, doors, duct work and energy star appliance replacement.

Can any Contractor perform the work?

Contractors must be listed on the State of Maryland’s Approved Contractor List as found here: http://dhcd.maryland.gov/Residents/Documents/besmart/BeSMARTApprovedContractors.pdf

How do I Apply?

  1. 1. Schedule a solar site visit with Solar Energy Services, Inc.
  2. Submit the Be Smart Home Loan Application along with SES’s proposal of work to be performed
  3. Be SMART will processes your Home loan application. Approval is based on your proposal specifications, satisfactory credit and affordability
  4. Submit your Home Energy Audit from an Approved Contractor
  5. You receive Loan Approval along with the first of two project pay-outs
  6. Upon receipt of payment, your Be SMART Contractor, SES, moves forward with interconnection, permitting and subsequent solar panel installation.
  7. The final payment is provided by DHCD when the work is complete and a DHCD inspector confirms that the work meets specifications

MORE INFORMATION

CONTACT: BeSMART Home Loan Program

Community Development Administration

Maryland Department of Housing and Community Development

E: BeSmartHome.dhcd@maryland.gov​

P: 301-429-7402 ​​​​

Or

info@solarsaves.net

410-923-6090

Written by Taryn Faulkner

Two Solar Systems Installed at Cherry Hill Campground

COLLEGE PARK, MD:  Earlier this week Solar Energy Services, Inc. completed the installation of two separate solar energy systems at the Cherry Hill Campground.

The solar domestic hot water system consists of 10 panels, for a total of 400 square feet of collectors integrated with four, 120 gallon solar storage tanks, each with dual heat exchangers. On the same roof, SES installed a 22-panel solar pool heating system (920 square feet) designed to heat the main swimming pool during the spring and fall, saving Cherry Hill Management a tremendous amount of energy and money.

As part of the installation, SES also replaced the existing inefficient boilers with high efficiency modulating, condensing boilers (natural gas) integrated with the solar system to provide backup energy for domestic water heating. SES also installed crossover valves to allow Cherry Hill to divert solar energy to the secondary pool when the main pool reaches desired temperatures.

Post Install Info and Pics

Written by Taryn Faulkner

University of Maryland Solar Electric and Solar Water Heating

COLLEGE PARK, MD:  Solar Energy Services, Inc. completed the installation of a 5 kW solar photovoltaic system at UMD’s Cole Field House at the College Park Campus.

The system consists of 30, 175-watt SolarWorld panels and a Sunnyboy string inverter.

On the same campus, at the Ellicott Dining Hall, SES also completed installation of a solar water heating system that will act as a pre-heat to the dining hall’s existing conventional system.  This system consists of 20, 4′ x 10′ flat plate AET thermal panels on the roof, closed-loop plumbed to three 120-gallon Vaughn Solar Sepco tanks.

See Post-Install Pics of Colefield House PV System

See Post-Install Pics of Ellicott Dining Hall