On Wednesday April 6th, the Maryland State Senate passed S.B.921, which includes measures to increase the state’s Renewable Portfolio Standard (RPS) to 25% by 2020. If the current version is signed into law by Governor Larry Hogan, the state would be adopting a more aggressive timeline to achieve a new, higher RPS target. Currently, Maryland’s RPS target is 20% by 2022.
- The bill establishes a requirement for 2.5% of electricity sold in Maryland to be derived from solar energy by 2020. An additional 2.5% carve-out would be created for wind energy
- If enacted, Maryland would have one of the more ambitious RPS targets in the U.S.
- Historically, higher RPS targets have resulted in increased costs for electricity customers. However, several states with RPS targets have also enacted cost containment measures to partially mitigate this effect
- As of now, the Maryland House of Representatives and Senate have approved different versions of the bill. The two bodies need to agree on the same version before it can be sent to the governor
- The Hogan administration has not taken a position on the bill as of yet. On Monday April 4th, the governor signed the Greenhouse Gas Emissions Reduction Act, which requires Maryland to reduce its greenhouse gas emissions by 40% from 2006 levels by 2030
The information in this page is offered only for general informational and educational purposes. It is not offered as and does not constitute legal advice.