Maryland Governor Plans to Lower Energy Bills With Solar
What’s new: On January 27th, Maryland Governor Wes Moore announced the “Lower Bills and Local Power Act” (LBLPA), a legislative package designed to provide immediate cash relief to families while aggressively modernizing the state’s power grid.Here’s what it would do at the state level: * Solar financing: A new $70 million “Gap Financing Program” will fund local solar and storage projects, explicitly designed to offset cuts to federal Investment Tax Credits under the Trump administration.* Cash relief: The bill allocates $100 million for a new round of direct utility bill rebates for…
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