# Economic Development (GEC)

## Title 10. Statewide Development Resources and Revenue Authorities

### Subtitle 8. Maryland Clean Energy Center

#### Section 10-867

(a) Loans from the Fund may be used for:

  (1) the purchase and installation of a qualifying energy system, including any necessary ancillary machinery, equipment, or furnishings;

  (2) technical assistance for the planning and installation of a qualifying energy system; and

  (3) actions that improve energy efficiency, such as repairing or replacing windows, doors, and heating, ventilation, and air-conditioning systems and other similar improvements.

(b) Each borrower for a loan under subsection (a)(1) or (3) of this section shall contribute at least 10% of the cost of the qualifying energy system or energy efficiency action.

(c)

  (1) Loans made under the Program shall be repayable by the borrower in accordance with a schedule set by the Center.

  (2) The schedule set by the Center may be on a deferred payment basis.

(d)

  (1) A borrower shall provide assurances for the repayment of a loan.

  (2) The assurances:

    (i) shall include a promissory note; and

    (ii) may include a plan for repayment.

(e) Loans may be made in conjunction with or in addition to financial assistance provided through other State or federal programs.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)