Author: MCGB Staff       Published: 5/22/23/  MCGB

Here’s The Latest News
See below for more details on the Montgomery County Green Bank’s new CEO.
          Montgomery County Green Bank Appoints Stephen Morel as New Chief Executive Officer

The Montgomery County Green Bank (Green Bank) announced that Stephen Morel has been appointed the new Chief Executive Officer. Stephen Morel, who has been serving as the Green Bank’s Chief Investment Officer since 2019, will succeed Tom Deyo, the Green Bank’s inaugural Chief Executive Officer.

Morel has a professional background in entrepreneurial leadership as well as in corporate and project finance, with a particular interest in public-private institutions and catalyzing investment into high impact sectors. Morel brings his proven skills in business management and investment structuring to the Montgomery County Green Bank with the intent to more rapidly make clean energy and climate-resilient solutions accessible to and affordable for all in Montgomery County.

Read the Press Release
See below for more details on the upcoming Green Bank Market Series.
                    June 28: Montgomery County Green Bank Market Series: Solar Market Series

Date: June 28, 2023
4:30 PM – 6:30 PM
Location: Rockville Innovation Center, 155 Gibbs Street, Rockville, MD

Join the Montgomery County Green Bank for a lively in-person panel discussion on the newly signed law making Maryland’s Community Solar Program permanent.

With the implementation of the new state law, the Maryland Community Solar Pilot Program will become a permanent program and community solar subscriptions will be able to be paid on the same utility bill where the credits are earned. During this discussion, we will hear from leaders in the solar industry from the Climate Access Fund, We Solar, and CHESSA, the regional arm of the Solar Energy Industries Association.

Refreshments will be provided. Register soon because space is limited!

Register Now
The Green Bank is committed to working collaboratively with partner organizations. See below for more details on networking and outreach events.
                                               Held On April 23: Montgomery County Green Fest

On Sunday, April 23, The Montgomery County Green Bank attended the highly anticipated Montgomery County Green Fest. As proud participants, we set up a table to engage with attendees and showcase our commitment to sustainable initiatives.

At the Green Bank’s table, visitors had the opportunity to learn more about our innovative financing solutions and how we contribute to the development of a greener future. Our knowledgeable team was present to answer questions, provide guidance, and foster meaningful conversations around sustainable financing options.

                           Held On May 5: Montgomery County Affordable Housing Conference

On Friday, May 5, The Montgomery County Green Bank made a impact by actively participating in the Montgomery County Affordable Housing Conference. As a leading organization in sustainable financing, the Green Bank’s CEO, Steve Morel, took the stage as a panelist, delivering valuable insights and actionable takeaways.

During the conference, the Green Bank also demonstrated their commitment as proud sponsors by setting up an engaging and informative table. Attendees of the Green Bank’s booth were eager to learn more about innovative financing solutions for affordable housing projects. The Green Bank team engaged with visitors, answered questions, provided guidance, and fostered meaningful conversations around sustainable housing initiatives.

                        Held On May 9: Montgomery County Green Bank Market Series Event

On Tuesday, May 9, The Montgomery County Green Bank hosted a captivating and informative in-person panel discussion centered around the challenges and opportunities that lie ahead for Common Ownership Communities (COCs). This event brought together industry experts, passionate individuals, and community leaders to delve into crucial topics shaping the future of COCs.

The panelists included, Emily Curley from the Department of Environmental Protection (DEP), Mike Cain from Era Building Solutions, and Mike Flynn from 8101 Connecticut Avenue. They shared their invaluable insights and expertise with the audience. Their deep knowledge and experience shed light on pressing matters such as state and local Building Energy Performance Standards (BEPS), electrification, the Inflation Reduction Act, electric vehicle (EV) infrastructure, financing strategies, and the abundance of incentives and resources available.

Beyond the insightful discussion, this event also provided an exceptional networking opportunity for attendees. The gathering brought together like-minded individuals, fostering connections and collaborations among professionals, community leaders, and individuals passionate about sustainable development.

                  Held On May 21: St. Stephen’s Lutheran Church of Silver Spring Solar Celebration

On Sunday May 21, St. Stephen’s Lutheran Church of Silver Spring celebrated their newly installed solar system with a special dedication ceremony. At the ceremony, congregants gathered to sing the praises of the new solar panels using the clean, abundant energy from the sun.

Cindy McCabe, the Green Bank’s Associate Director of Renewables, spoke about working with St. Stephen’s and providing education and financing.  Also in attendance were Matt Coleman from Skyview Ventures, the owner of the solar system and the provider of the Power Purchase Agreement, and Joelle Novey, Director of Interfaith Power & Light.

The Green Bank works closely with Interfaith Power & Light to help green the faith communities in the county and to educate residents on options to use clean energy.

View The Case Study
                                                               June 13: Pepco Service Provider Breakfast

                                                                                   Date: June 13, 2023
Time: 8
:30 AM – 11:30 AM
                                                                    Location: 530 Gaither Road Rockville, MD 20850

Join Pepco and The Montgomery County Green Bank for a networking breakfast to connect with colleagues and Pepco program staff. This event presents a unique opportunity to connect with colleagues and engage with program staff from Pepco, the Maryland Energy Administration (MEA), the Montgomery County Green Bank, and the Maryland Department of Transportation.

During the breakfast, you will receive informative updates on the EMPOWER program, a groundbreaking initiative aimed at promoting energy efficiency and sustainability. Additionally, there will be insightful break-out sessions focusing on new and exciting funding pathways facilitated by the MEA and the Green Bank. These sessions will provide valuable information about financial resources available to support your sustainability projects. Furthermore, you’ll gain important insights into the Inflation Reduction Act and discover opportunities for small or DBE (Disadvantaged Business Enterprise) businesses through the Maryland Department of Transportation.

Don’t miss this chance to network, learn, and explore various avenues for advancing sustainability in our community. Mark your calendars and join us for a morning of connection, knowledge sharing, and collaboration. We look forward to seeing you there!

                                                                                               Register Now
                          See below for more details on the Capital Area Solar Switch program.
     Capital Area Solar Co-op Now in its Third Year Has a NEW NAME: Capital Area Solar Switch

Capital Area Solar Switch offers DC-area residents the opportunity to install rooftop solar panels, battery storage, and electric vehicle charging stations at a discounted price through group buying. The program, supported by non-profit Solar United Neighbors, vets installers through a reverse auction to secure competitive pricing. Members include Washington, D.C.; Arlington and Falls Church in Virginia; Montgomery and Frederick County, including Poolesville, and Maryland cities Bowie, Frederick, Gaithersburg, Rockville, and Takoma Park.

The reverse auction with qualified installers will be hosted on June 21, 2023. More registrations lead to more competitive bids. After the auction, personal recommendations will be sent via email to registrants by July 25, 2023. Residents can save an average of $4,000 through the program, with additional cost reduction from the federal solar tax credit.

Registration is free, and homeowners are not obligated to purchase solar panels. They can choose to proceed with a solar installation based on program-negotiated pricing. Capital Area Solar Switch also offers free virtual and in-person information sessions on solar technology, financing, incentives, and sessions with winning installers.

Register Now
                                                          Online Resources and Events
 Take advantage of these resources and webinars:

Residential Sales Practices

The MEA offers the following resources to assist solar installation companies and sales representatives with providing information for potential Maryland residential solar consumers:
  • Federal ITC:
  • SREC Pricing:
  • Electricity Cost Increase:

Clean Energy Solutions Webinar Archive
View the library of Clean Energy Solutions webinars for topics ranging from home appliance efficiency and benchmarking to breakthrough information on achieving energy savings.

New Buildings Institute Webinar Archive
View NBI’s archive of on-demand webinar recordings on topics including codes and policies to advance net zero to zero net carbon schools.

ENERGY STAR Recorded Webinars 
Learn about the latest ENERGY STAR residential programs about advanced energy efficiency in homes, or revisit your contractor trainings for Home Performance with ENERGY STAR to refresh requirements, objectives, and strategies.

Home Energy Score Training Webinars
Brush up on your Home Energy Score understanding with these webinars from the U.S. DOE’s Better Buildings Challenge.

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Rockville, MD 20850

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