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The Maryland Solar Program is designed to make solar energy accessible and affordable for residents and businesses. By offering a combination of state incentives, federal tax credits, and solar renewable energy credits (SRECs), the program lowers upfront costs and increases long-term savings. Marylandu2019s net metering policy allows participants to sell excess energy back to the grid, further reducing electricity bills.
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MarylandSolarProgramForResidentialHomeowners TheMarylandSolarProgram,launchinginJanuary2025,isagame-changerforresidential homeownersinMaryland.WiththegoalofmakingsolarenergyinMarylandmoreaffordable andaccessible,theprogramoffersgeneroussolarincentivesinMarylandforhomeownerswho wishtoinstallsolarphotovoltaic(PV)systems.Thisnewinitiativeisanupgradedversionofthe ResidentialCleanEnergyRebateProgramandfocusesonreducingthecostofgoingsolarfor eligiblehomeowners,particularlythoseinlower-income brackets. WhatistheMarylandSolarAccessProgram? TheMarylandSolarAccessProgramoffersgrantsatarateof$750perinstalledkilowatt(kW)of solarpower.Thismeansthathomeownerscanreceiveupto$7,500infinancialassistance, dependingonthesizeoftheirsystem.Thetotalfundingfortheprogramis$15million,and fundswillbeawardedonafirst-come,first-servedbasis.Homeownersinterestedintheprogram
mustapplyforfundingbeforeinstallingtheirsolarsystem,andonlycontractorslistedas participatingcontractorsintheprogramcanperformtheinstallations. HowDoestheMarylandSolarAccessProgramWork? ToparticipateintheMarylandSolarAccessProgram,homeownersneedtofollowatwo-step process: ReserveFunds:Homeownersmustapplyforareserveofprogramfunds,ensuringtheir placeinline.TheincomelimitsandeligibilitycriteriawillbeoutlinedintheFunding OpportunityAnnouncement(FOA),whichisexpectedbytheendofDecember2024. CompleteInstallation:Oncefundsarereserved,homeownerswillhavea180-day windowtocompletetheinstallationoftheirsolarsystemandmakeitoperational.A verificationprocesswillensurethattheinstallationisproperlycompletedbeforethegrant isdisbursed. FeaturesoftheMarylandSolarAccessProgram Unlikeprevioussolarincentiveprograms,theMarylandSolarAccessProgramis income-qualified.Onlyhomeownerswhoseannualhouseholdincomedoesnotexceed150%of theaveragemedianincomeforthestateofMarylandcanparticipate.Theprogramisdesigned toprioritizethosewhoaremostinneedofassistance,ensuringthatsolartechnologyis accessibletoalargerportionofthepopulation. Theprogramalsoallowsforasix-monthinstallationwindow,whichgiveshomeownersample timetocompletetheprocesswithoutpressure.Thisflexibility,alongwiththeclearguidelines outlinedintheFOA,ensuresthattheprogramwillrunefficientlyandequitably. MarylandSolarGrant:AdditionalBenefits InadditiontotheMarylandSolarAccessProgram,homeownerscanstillbenefitfromsolar renewableenergycredits(SRECs)inMaryland.Thesecreditsareanotherwayforhomeowners toearnincomefromtheirsolarinstallations.Ontopofthat,thefederalgovernmentcontinuesto offerthe30%solarinvestmenttaxcredit,whichhelpstofurtherreducethecostsofgoingsolar. HowtoGetStartedwithSolarinMaryland Totakeadvantageoftheseprograms,it’simportanttoworkwithaparticipatingcontractor.Solar SMEisalreadyacertifiedinstallerfortheMarylandSolarAccessProgram,makingiteasierfor youtosecureyourgrant,completetheinstallation,andstartsaving. Takethefirststeptowardsreducingyourenergybillsandinstallingacleanenergysystemin yourhome.ContactSolarSMEtodaytoreserveyourspotintheMarylandSolarAccess Program.Don’tmissout—applynowandbeginyourjourneytosustainable,affordableenergy!