City of Annapolis Set to Launch Innovative Energy Efficiency Program
2008-12-10
A new program in Annapolis, Md., will offer tax-exempt, low-interest loans to property owners who install energy-efficient equipment.

The Annapolis EZ (Energy Zone) Program would offer tax-exempt, low-interest loans to property owners who install energy-efficient equipment. The payments on those loans, however, are placed directly on property tax bills. According to city officials, the savings from reducing power consumption should balance out the cost of the loan and, eventually, help property owners save money each year. The city is partnering with the Maryland Energy Administration, Annapolis and Anne Arundel County Chamber of Commerce Foundation, and CommerceFirst Bank to start the program.

Read More at Flex Your Power's website

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