Maryland grants for solar installations tapped out
The $591,000 became available at the beginning of the current fiscal year July 1.
MEA Director Malcolm Woolf said interest in the grants was much higher than in the past, The (Baltimore) Daily Record reported. He said the recent decision by the General Assembly to increase the maximum grant from $3,000 to $10,000 was one of the reasons for the surge.
Woolf hopes to replenish the fund with money that Maryland gets from a regional auction of greenhouse gas allowances for power plants, scheduled for Sept 25.
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The report attributes this growth to several key factors. Firstly, the cost of renewable energy technologies like solar panels and wind turbines has plummeted in recent years, making them increasingly competitive with traditional fossil fuels. Secondly, advancements…
