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December 2018  |  Volume 1, Issue 6

The Green Bank Clipboard 
A newsletter for Montgomery County energy contractors

Happy Holidays!  New Offerings for the New Year.

Our financing products help you get to YES with your customers.
We are the County’s designated nonprofit green bank, with a mission to expand financing options for clean energy and energy efficiency projects in Montgomery County.

 
Here's the news for December:
  1. Happy Holiday Greeting from Montgomery County Green Bank.
  2. New Spanish language version of our video.
  3. Changes to CLEER that can benefit your customers.
  4. Get on board as a Authorized Contractor so you can offer the financing to your customers.
  5. Reach our lenders for your questions.
Please note: We are sending this newsletter to Pepco service providers and other contractors that serve Montgomery County. If you would like to unsubscribe, please click the link at the bottom of this newsletter.
 
 
Happy Holidays!
 

Dear Friends:  We send you greetings for a joyous holiday season, and we look forward to working with you in 2019.

Best wishes.
Montgomery County Green Bank


New: Spanish Version of our Video
 

Our recent video to help your customers understand the path to energy efficiency and clean energy improvements is now available in Spanish.  You can find the version at the following link here.   Please feel free to use and share with your prospective customers.

And, if the English version is what you need, you can find it at www.mcgreenbank.org.
 
 


New Changes to the Commercial Loan for Energy Efficiency and Renewables (CLEER)

 

In case you missed it last month, we made some changes to our loan product.  Contact our Participating Lenders at Ascentium Capital or Revere Bank for more information.  (See their information below.):
  • CLEER can be used for projects that only have solar PV. There is no longer a requirement to include one Pepco measure with each project. 
  • NEW: Solar PV-Only Installers are now eligible to be CLEER Authorized Contractors.  (See below for how to become an Authorized Contractor.)
  • Up to 50% of the Pepco incentive for a project can be financed in the loan.
  • Nonprofits can get a break on the CLEER Program fee, down to as little as 0.99%. Work with a Participating CLEER Lender to secure.
  • Building Tune-Ups are eligible for CLEER. While we have a 15% target for energy savings, we realize this is not always possible with the Building Tune-Up. For that reason, we will accept this Pepco prescriptive measure without the need to reach the 15% energy savings target.
 
Become an Authorized Contractor!
Offer Your Customers the Benefits of CLEER
 
The process is easy and it costs nothing.
 
  • Are you already a Pepco-approved Service Provider with commercial customers? 
  • NEW!! Or are you a Solar PV Installer?

Follow this simple step to be added to the CLEER Authorized Contractor list:

You can find more information on becoming an authorized contractor on our website, HERE.
 
Then, before you submit a project:
  • Take a one-hour training on our CLEER Program and its processes.
  • Meet any CLEER Participating Lender requirements.
 Contact Our Participating Lenders
to use our CLEER loan 

We work through two lender partners to offer CLEER loans. Please feel free to contact them with any questions you might have about how CLEER could work for your clients and customers.
Josh Patton, Vice President of Sales
joshpatton@ascentiumcapital.com
Office: 281.902.1969 



Revere Bank

Horacio Chacon, Senior Vice President of Commercial Banking
horacio.chacon@reverebank.com
Office: 301.841.9583
Copyright © Montgomery County Green Bank 2018, All rights reserved.

Our mailing address is:
155 Gibbs Street Suite 512
Rockville, MD 20850

This newsletter, its format and its contents are the property of the Montgomery County Green Bank.
Any replication or publication by a third party is by permission only. 

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Montgomery County Green Bank · 155 Gibbs Street · Suite 407 · Rockville, MD 20850 · USA

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