Sunnova groups with Maryland’s Montgomery County Green Bank on LMI solar mortgage program

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By Chris Crowell June 16, 2022

Sunnova Energy International and Montgomery County Green Bank (MCGB) are partnering on a suggestion to assist low-to-moderate revenue (LMI) households in Montgomery County, Maryland, transition to solar energy.

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This program is on the market to Montgomery County households that earn as much as $97,500 per 12 months and wish to go solar with none upfront prices. Through an modern construction of Green Bank sources in partnership with Sunnova, extra choices are being made obtainable to qualifying households to both lock in a predictable solar energy fee for 25 years or choose Sunnova’s new providing that permits clients to lock in a set low cost from the utility.

“A key benefit of this partnership with Sunnova is that it creates an opportunity for income-qualified households in the County to access solar through creative, affordable financing solutions who may not otherwise be eligible through traditional financing,” stated Tom Deyo, CEO, Montgomery County Green Bank. “Our collaboration with Sunnova aligns with our mission to make clean energy and climate-resilient solutions more accessible and affordable for all.”

With utility charges rising considerably throughout the nation, this program will permit clients to guard themselves from unpredictable utility costs, take management of their home energy prices, and power their home with a greater energy service at a greater worth.

Customers may even get to work with Sustainable Energy Systems, considered one of Sunnova’s trusted sellers in Montgomery County, who will set up their programs.

“These communities often suffer the effects of climate change more so than others and this program will allow Sunnova to get more solar into the hands of homeowners that need it most,” stated Kelsey Hultberg, EVP, Sustainability and Corporate Communications at Sunnova.

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Tags: gross sales and advertising and marketing, Sunnova

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