SolarNewsroom: Maryland Policy Update

POLICY UPDATE

Maryland has recently passed the Clean Energy Jobs Act, committing to generate 50% of the state’s electricity from renewable resources by 2030. They announced a specific goal to increase solar in the state by 14.5% by 2028.Solar Renewable Energy Credit (SREC) prices will drive attractive solar economics, and battery storage is on the rise with new programs such as the Energy Storage Income Tax Credit program. With the combination of new and existing solar incentives, there’s never been a better time to go solar in Maryland.For more than 10 years, PowerFlex has provided turnkey solar and energy storage solutions to clients such as Amazon, Target and Bloomberg that help lower energy costs, increase property value and meet sustainability goals. We manage all aspects of the solar project, from development to execution and asset management, and work with real estate owners and tenants to make the process as simple and seamless as possible.

(Related: Maryland Solar and EV Incentives)

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