State agencies pay zero interest with a 1% administration fee for SALP loans, which typically range from $50,000 to $250,000. Loan repayments are made from an agency's fuel and utility budget, based on the avoided energy costs of the project. As loan repayments are made, new SALP loans can be awarded each fiscal year.
SALP provides a financing mechanism useful to agencies in meeting the
requirements of Executive Order 01.01.2001.02, titled "Sustaining Maryland's Future with Clean Power, Green Buildings and Energy
Each year MEA solicits facilities managers and agency energy coordinators (via e-mail) across all state agencies to fund energy efficiency projects. This solicitation is for energy efficiency projects that typically are not covered under Energy Performance Contracts (EPC) with Energy Service Companies (ESCO) although SALP has supported EPC projects in the past. If you would like to apply, please see the Expression of Interest Form below.
The program began by using funds from the Energy Overcharge Restitution Fund (EORF). In fiscal year 2009, an additional $800,000 was added to SALP through the proceeds of the Regional Greenhouse Gas Initiative (RGGI). In 2010, American Recovery and Reinvestment (ARRA) funds added $6.9 million to the program; substantially increasing SALP funding through Fiscal Year 2012.
For more information about ESCOs, visit the DGS Energy Performance Contracting page.
For more information, e-mail Christopher Russell at email@example.com or call 410-537-3031.
The Maryland Department of General Services (DGS) contributes to Maryland's Smart, Green & Growing initiatives. MEA contributes funds to participating EPCs, and issues efficiency improvement loans through its SALP program.
1800 Washington Blvd., Suite 755, Baltimore, MD 21230
(410) 537-4000 | 1-800-72-ENERGY