Strategic Energy Investment Fund (SEIF)
PV: $30-$60/kW (varies by capacity)
SWH: $10-$20/square foot (varies by total panel area)
The Maryland Energy Administration (MEA) is offering grants for mid-sized photovoltaic (PV) systems and solar water heating systems (SWH) installed by businesses, non-profits, and local governments. For PV systems, incentives are set at $60 per kilowatt (kW) for systems of less than 100 kW of installed capacity, and $30/kW for systems with a capacity of between 100 kW and 200 kW. For SWH systems, incentives are set at $20 per square foot for systems with a collector area of at least 50 square feet and less than 250 square feet and $10/square foot for systems with a collector area between 250 square feet and 1,200 square feet. It is important to note that these system size/capacity ranges are exclusive, not additive in nature. For example, a 150 kW PV system would be eligible for an incentive of $4,500 (150 kW X $30/kW), not $60/kW for the first 100 kW plus $30/kW for the additional 50 kW. Multiple projects on contiguous properties are considered a single project and projects may not receive more than one grant.
All systems and components must be new and comply with standard equipment, installation, and warranty requirements intended to make sure that installations operate safely and effectively. The MEA notes that the Maryland Office of the Comptroller has determined that the solar incentives offered under this program are taxable for federal income tax purposes and state income tax purposes (a 2012 change). Please visit the program web site for further information on applications, qualification requirements, and more detailed information on the terms and conditions.
All equipment must be new; PV systems must be grid-tied and meet all applicable UL, IEEE, and NEC standards, and be in compliance with the state net metering law; SHW collectors must be SRCC OG-100 certified