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The Maryland Power Administration revealed new grant funding for neighborhood photo voltaic.
“This new spherical of neighborhood photo voltaic funding underscores our dedication to creating Maryland extra inexpensive by enabling all Marylanders, no matter socioeconomic standing, to plug into clear and inexpensive vitality choices,” stated Maryland Power Administration Director Paul G. Pinsky. “Group photo voltaic permits Marylanders who can’t put photo voltaic on their properties to supply cheaper, cleaner vitality from photo voltaic installations across the state. It’s a key a part of our clear vitality future.”
The Group Photo voltaic LMI-PPA Grant Program for fiscal-year 2024 has a funds of roughly $3 million from the state’s Strategic Power Funding Fund (SEIF). Particular person grants can’t exceed $500,000 for any given mission. This system supplies funding to neighborhood photo voltaic subscriber organizations providing clear vitality subscriptions to LMI communities.
This system obtained a historic response to its FY23 providing, in the end incentivizing 60 neighborhood photo voltaic tasks at a mixed complete photo voltaic capability of 69 MW, which produced 90,685 MWh of unpolluted vitality within the first 12 months. This system supplied greater than 43,000 MWh to LMI households.
This system is predicted to be extremely aggressive once more this 12 months. The company is accepting purposes for the Group Photo voltaic LMI-PPA Grant Program via Thursday, February 29, 2024.
Group photo voltaic has been obtainable in Maryland since 2015, with the institution of the Group Photo voltaic Pilot Program. The Maryland Common Meeting handed H.B. 908 in its 2023 legislative session that directs a everlasting neighborhood photo voltaic program to be made obtainable in January 2025.
Information merchandise from Maryland