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Maryland Makes Home Solar Installs Cheaper: Learn About Senate Bill 783 : The Brighter Tomorrow Act 

April 10, 20245 min read

Bill 783, The Brighter Tomorrow Act, Should Significantly Benefit Those Thinking About Going Solar In Maryland

The Brighter Tomorrow Act is necessary to spur additional solar development in Maryland, as part of its transition to a clean economy and to strengthen the electric grid for all communities. The state’s Renewable Portfolio Standard (RPS) had already established a nation-leading mandate to deploy solar that equals 14.5% of Maryland’s electric demand by 2030. Maryland has fallen behind the pace to meet that goal, only meeting 55% of the policy’s intermediate 2022 target.

As passed by the General Assembly, the major provisions of the Brighter Tomorrow Act would:

  • Make it easier for electric suppliers to meet their solar targets by increasing the compliance value for energy generated from certain types of new solar projects, including residential and commercial-scale projects, in the state’s RPS while also spurring the increased development of various types of local solar;

  • Increase energy equity in Maryland by creating a residential solar grant program, administered by the Maryland Energy Administration where low-and-moderate income households could receive as much as $7500 for adopting solar; and

  • Facilitating the adoption of automated, digital solar permitting software for Maryland local governments, which will improve local government efficiency, lower solar installation costs, and set up Maryland communities to help more and more families adopt solar for themselves.

    -- Solar Power World Online

Key Thoughts: Maryland General Assembly, solar adoption, solar panels, clean energy, sustainability, electricity bills, environmental impact, energy independence, government incentives, property value, job creation, energy resilience, environmental stewardship, solar incentives, renewable energy
The recent passage of a bill by the Maryland General Assembly marks a significant milestone in promoting clean energy and sustainability in the state. This legislation aims to incentivize local solar adoption, making solar panels more accessible and affordable for Maryland residents. By offering a range of benefits, it presents a compelling case for homeowners across the state to consider switching to solar energy.

  1. Substantial Savings: With solar energy, homeowners can significantly reduce their electricity bills and lock in long-term savings. The bill passed by the Maryland General Assembly includes provisions for increased solar incentives and rebates, further reducing the upfront costs of solar installation. These financial incentives make solar energy more affordable for Maryland residents, allowing them to enjoy greater savings on their electricity bills.

SAVINGS FOR HOMEOWNERS GOING SOLAR IN MARYLAND

  1. Environmental Impact: Solar power is a renewable energy source that produces clean electricity without harmful emissions or pollution. By harnessing the power of the sun, homeowners can reduce their reliance on fossil fuels and contribute to a healthier, more sustainable planet. The legislation passed by the Maryland General Assembly demonstrates a commitment to environmental stewardship by encouraging the adoption of clean energy technologies like solar panels.

  2. Energy Independence: Solar panels provide homeowners with greater energy independence by allowing them to generate their own electricity. This increased self-reliance is particularly valuable during power outages or emergencies when grid reliability may be compromised. The bill passed by the Maryland General Assembly includes measures to expand access to solar energy and battery storage solutions, ensuring that residents have reliable power sources, even in challenging circumstances.

  3. Government Incentives: Maryland offers a variety of financial incentives and rebates to encourage solar adoption. The legislation passed by the Maryland General Assembly enhances these incentives, making them more accessible to a wider range of residents. By taking advantage of these incentives, homeowners can accelerate the payback period for their solar investment and maximize their long-term savings. Additionally, the bill includes provisions for low-interest loans and financing options to further reduce the financial barriers to solar adoption.

    HUGE TAX SAVINGS FOR SOLAR INSTALLATIONS FOR HOMEOWNERS

  4. Property Value: Studies have shown that homes with solar panels tend to sell for more than comparable properties without solar. Investing in solar energy can increase the value of your home and make it more attractive to potential buyers. The legislation passed by the Maryland General Assembly includes measures to promote solar-friendly policies and regulations, further enhancing the value proposition of solar energy for homeowners.

  5. Job Creation: The growth of the solar industry creates jobs and stimulates economic development in local communities. By supporting solar energy initiatives, homeowners can contribute to job creation and support the transition to a clean energy economy. The legislation passed by the Maryland General Assembly includes provisions to incentivize local solar manufacturing and installation, creating new job opportunities and driving economic growth across the state.

    SOLAR HOME INSTALLATION CREATES JOBS FOR LOCAL MARYLAND RESIDENTS

  6. Energy Resilience: Solar panels provide a reliable source of electricity, even during extreme weather events or natural disasters. With battery storage solutions, homeowners can store excess solar energy for use when the sun isn't shining, ensuring uninterrupted power supply. The legislation passed by the Maryland General Assembly includes measures to promote energy resilience and grid modernization, making Maryland's energy infrastructure more robust and resilient in the face of climate change and other challenges.

  7. Environmental Stewardship: By choosing solar energy, homeowners can play a proactive role in combating climate change and reducing greenhouse gas emissions. Solar power is a clean, sustainable energy solution that aligns with environmental stewardship principles. The legislation passed by the Maryland General Assembly represents a significant step forward in the state's efforts to reduce its carbon footprint and transition to a more sustainable energy future.

THERE ARE A TON OF OPTIONS FOR SOLAR HOMEOWNERS INCLUDING EV CHARGERS

Now is the perfect time to explore solar options for your home and take advantage of Maryland's solar incentives. Contact us today for a free solar quote and start enjoying the many benefits of solar power for your home and community.

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