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Maryland's new energy bill proposes a $40 annual utility credit and boosts solar projects to lower bills amid grid and funding challenges.
Maryland Governor Wes Moore’s Lower Bills and Local Power Act, under review in the state legislature, proposes a $40 annual credit for utility customers and aims to reduce energy costs by accelerating solar and storage projects, modernizing infrastructure, and preventing utilities from passing certain costs to ratepayers.
The plan seeks to address rising bills linked to PJM Interconnection grid challenges and the loss of federal clean energy tax credits.
It includes a shared fund for utilities, streamlining project siting, and a $100 million allocation from the Strategic Energy Investment Fund, though some lawmakers question the credit’s adequacy for low-income households and call for broader reforms.
El nuevo proyecto de ley de energía de Maryland propone un crédito anual de utilidad de $ 40 y aumenta los proyectos solares para reducir las facturas en medio de retos de red y financiamiento.