Southern Maryland Electric Cooperative's (SMECO) Non-Residential Energy Efficiency Program provides technical assistance and a range of incentives to commercial, industrial, municipal and institutional customers who employ energy efficient measures in new and existing facilities. The program offers prescriptive rebates for specified energy efficiency measures, while custom incentives are offered for applications which are not covered by the prescriptive program.
The Maryland Agricultural and Resource Based Industry Development Corporation (MARBIDCO) offers low interest loans for energy efficiency improvements to farms and rural businesses through the Rural Business Energy Efficiency Improvement Loan Program. The program is designed to facilitate the purchase of equipment or technology that lowers business energy consumption. Applicants must have a credit score of at least 650 without any bankruptcy during the prior seven years in order to qualify for a loan.
Maryland's Residential Clean Energy Grant Program, administered by the Maryland Energy Administration (MEA), provides financial incentives to homeowners that install solar water-heating systems or solar-electric (PV) systems. In order to be eligible, the property must be the applicant's primary residence.
The current Solar Energy Grant Program provides incentives as follows (effective for applications received on or after July 1, 2012):
Note: In April 2013 Maryland enacted legislation (H.B. 226) creating a resource carve-out for offshore wind facilities. The carve-out is stated as a maximum percentage of 2.5% of retail electricity sales in 2017 and beyond, with the actual requirements to be determined by the Maryland Public Service Commission (PSC) subject to the 2.5% limitation. The definition of a qualifying offshore wind facility is limited to facilities located on the outer continental shelf between 10 and 30 miles off the cost of Maryland in a U.S. Department of Interior designated leasing zone.
The Public Service Commission is responsible for regulating gas, electric, and water companies in the state. This legislation contains provisions for such companies, addressing planning and siting considerations for electric generation facilities and transmission lines, consumer relations and rate-making, and natural gas supplier licensing. Section 7-501 et seq. Contains provisions for electric industry restructuring, which are aimed to create a competitive electricity supply and electricity supply services market within the state.
This entry lists the states with Renewable Portfolio Standard (RPS) policies that accept generation located in Maryland as eligible sources towards their RPS targets or goals. For specific information with regard to eligible technologies or other restrictions which may vary by state, see the RPS policy entries for the individual states, shown below in the Authority listings. Typically energy must be delivered to an in-state utility or Load Serving Entity, and often only a portion of compliance targets may be met by out-of-state generation.
In May 2007, Maryland established a property tax exemption for residential solar energy systems. Under this law solar energy devices “installed to heat or cool a dwelling, generate electricity to be used in the dwelling, or provide hot water for use in the dwelling” were exempt from state -- but not local -- property taxes. However, in April 2008 [http://mgaleg.maryland.gov/2008rs/chapters_noln/Ch_132_hb0377E.pdf H.B. 377] was enacted, repealing this exemption beginning July 1, 2008.
Private Activity Revenue Bonds are available in the form of both taxable bonds and tax-exempt bonds. Both types of bonds provide access to long-term capital markets for fixed asset financing. Eligibility for the tax-exempt bonds is limited by Federal tax law to 501(c)(3) non-profit organizations and manufacturing facilities. Additional limitations apply to the specific transaction type.