The Maryland Clean Energy Capital Financing Program provides projects with access to lower-cost capital and an advantageous finance structure for projects that include renewable energy production and energy efficiency measures. House Bill 1337 of the Maryland General Assembly, which establishes the program, defines clean energy
The Maryland Renewable Energy Portfolio Standard Program requires electricity suppliers to source 50% of their retail electricity sales by 2030 from renewable energy sources, which have been classified as Tier 1 and Tier 2 renewable sources. Tier 1 includes solar, qualifying biomass, methane from a
The Maryland Energy Administration provides Commercial Clean Energy Rebates to businesses, nonprofits, local and state government agencies, and others to install clean energy systems. Qualifying systems include solar PV, solar thermal systems, and geothermal heat pumps. For solar thermal systems, the rebate is $20/sq. ft.,
The Maryland Energy Administration provides grant funding to local governments to promote energy efficiency, renewable energy, and transportation petroleum-reduction projects. Up to $165,000 of funding will be available for Tier 1 renewable energy projects, with a maximum award of $55,000 per eligible project, including solar
The Maryland Energy Administration offers a non-competitive grant program to consider proposals that fall outside the range of its other energy programs. A total of $1.1 million is expected to be available in fiscal year 2023, and awards will typically be up to $250,000, with
The Maryland Energy Administration awards an Energy Storage Income Tax Credit on a first-come, first-served basis to residential and commercial taxpayers who have installed an energy storage system on their property. According to the FOA for FY22, qualifying systems include those that store thermal energy.
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.Â
