Bill > SB937

This bill addresses multiple aspects of energy policy in Maryland, focusing on emissions reductions, infrastructure, and energy assistance programs. The bill authorizes the Department of Housing and Community Development to issue loans for reducing greenhouse gas emissions from multifamily residential buildings, requires the Maryland Energy Administration to pursue agreements with neighboring states and federal agencies related to nuclear energy generation, and establishes several significant energy-related initiatives. Key provisions include creating a goal of 150 megawatts of distribution-connected front-of-the-meter energy storage devices, establishing a process for procuring dispatchable energy generation and large capacity energy resources, and implementing a mechanism for electric companies to recover costs associated with infrastructure replacement. The bill also provides for grants to electric companies to be refunded or credited to residential customers, creates provisions for zero-emission credits for nuclear energy, and modifies the renewable energy portfolio standard. Additionally, the legislation includes community benefit agreement requirements for energy projects, aims to promote local hiring and skilled labor, and seeks to advance Maryland's clean energy goals while protecting ratepayers' interests.

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https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0937?ys=2025RS