Maryland SREC Market Legislative Update

Karbone Market Research Briefs

Following the successful acceleration of the Solar RPS in 2011, Maryland legislators passed two new bills, Senate Bill (SB) 791 and House Bill (HB) 1187, to accelerate the state’s 2% solar program to 2020 from 2022. The accelerated program will begin in 2013 and increase SREC demand by 1.7m SRECs through 2021 and the potential market size by $345m.

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