Democratic Maryland Gov. Wes Moore’s new program to bring down power bills won’t lower them right away, the state’s top energy official said.
The Maryland Energy Administration opened applications Monday for “Megawatts for Maryland,” a $200 million program that pays grants to developers of renewable energy and storage projects in the state, according to Moore’s office. The grants are paid only after a project begins commercial operation, according to the agency’s funding announcement.
“This program is an investment in energy affordability for Maryland in the medium to long-term,” Maryland Energy Administration Director Kelly Speakes-Backman said, according to Maryland Matters…