Requiring the state’s electricity suppliers to procure at least 2% from solar resources by the year 2022 through its Renewable Portfolio Standard (RPS), Maryland is expected to deploy approximately 1,250 MW of solar PV capacity by 2022. What better way to demonstrate the tremendous benefits of solar than by deploying these clean energy resources on the doorstep of our Nation’s capital.
With the solar renewable energy credit (SREC) market serving as the backbone for the continued growth of solar development, beginning in 2012 Maryland will require that systems must be connected with the distribution grid serving the state to satisfy compliance with the state’s solar objectives. With a strong local industry and an increasing number of market entrants, Maryland is looking at increased solar opportunities for a broad customer base and a viable solar market in the years ahead.
Vote Solar’s Campaign Priorities
Despite the state’s healthy foundations, Vote Solar remains diligently engaged in issues and policies that can significantly impact the market. In the spring of 2011, for instance, Vote Solar helped to ensure that the state’s net metering program remains a strong policy pillar for those looking to go solar. Vote Solar has also been involved with discussions around how to bring shared solar models to Maryland communities.
Vote Solar will continue to work with stakeholders, industry participants and regulators to further strengthen the state’s solar market while protecting its ratepayers. Providing long-term revenue certainty for solar investors with market opportunities for diverse solar developers will help to establish a market that is robust and balanced.
Vote Solar lead for Maryland is Peter Olmsted.