Maryland Incentives
START HERE FOR INFORMATION
1. Complete Overview on the Basics on Renewable Energy in Maryland.
Maryland Energy Administration Renewable Energy Complete Overview
https://mde.maryland.gov/MarylandGreen/Documents/Solar-Webinar-Presentation.pdf
2. START HERE FOR NEW CUSTOMERS >> Global Solar Project Customer Document
Residential Clean Energy Grant Program
http://energy.maryland.gov/residential/Pages/incentives/CleanEnergyGrants.aspx
Commercial Clean Energy Grant Program
http://energy.maryland.gov/business/Pages/incentives/cleanenergygrants.aspx
Parking Lot Solar PV Canopy with EV Charger Grant Program
http://energy.maryland.gov/business/Pages/incentives/PVEVprogram.aspx
Property Tax Credit
Anne Arundel County:
http://programs.dsireusa.org/system/program/detail/2908
Baltimore County:
https://energy.gov/savings/baltimore-county-property-tax-credit-solar-and-geothermal-devices
Harford County:
https://energy.gov/savings/harford-county-property-tax-credit-solar-and-geothermal-devices
PrinceGeorge’s:
http://programs.dsireusa.org/system/program/detail/3106
Solar Renewable Energy Certificates Including Video on Declining SREC Prices to $50 in 2023
SRECs may be sold as an additional revenue stream. SRECs may sell at a premium.
PSC website: Solar Certification Process Login
http://pscwebapp2.psc.state.md.us/newintranet/solarapp/login_new.cfm
PJM-EIS Generation Attribute Tracking System website:
https://www.pjm-eis.com/
SREC Trade (one year historical graphic):
http://www.srectrade.com/srec_markets/maryland
Maryland SREC OVERVIEW
https://programs.dsireusa.org/system/program/detail/5688/solar-renewable-energy-certificates-srecs
THIS LINK OUTLINES DECLINING SREC PRICES TO $22.35 in 2030
Net Metering
NET METERING:
The facility is billed based on the net energy used from the grid, NET energy equals energy used minus energy produced by qualified renewable sources.
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Essentially uses the electric grid to store excess energy and produce it on demand with 100% storage efficiency.
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Net metering authorized at up to 200% of annual energy use.
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Net metering limited to <=2 MW projects.
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Current Maryland limit is 1,500 MW.
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Virtual Net Metering allows the solar source to be remote from the load. Community Solar is a form of Virtual Net Metering.