Some Maryland building owners now have an option for reimbursement to help with existing building electrification retrofit efforts. The Maryland Energy Administration (MEA) is fulfilling a commitment from Governor Wes Moore to invest $50 million in grants to electrify community buildings, via an allocation in the state budget that is funded by the state. Some examples of eligible buildings are hospitals, medical offices, houses of worship, universities and colleges, private schools, local government, multi-family housing, and community-based organizations.
The funding can defray the cost of electrification upgrades, as well as tangent projects needed to support electrification concepts, such as electrical heavy-up, building envelope improvements, and building controls.
Applicants will submit an application to the competitive grant program by the annual due date (March 14, 2025, this year). The applications are scored objectively based on a grading rubric, which is published on the MEA website. Applications with the highest greenhouse gas savings and application quality will receive preference. There is also an equity element that assesses impact on overburdened and disadvantaged communities, either directly or indirectly.
The grant program can fund up to 50% of the eligible project costs. If chosen for an award, the applicant will be reimbursed upon project completion for the award amount (anywhere from $50,000 to $2 million).
Boland has grant support staff available to assist with application elements, who work hand in hand with our industry-leading project development team to craft the best project for your building and your budget. We can make suggestions for how to make your application stronger and give it the best chance to be selected for funding. This service, and other financial incentive support, are included in your partnership with Boland. All of this helps support your business to reach its goals, comply with Maryland BEPS, and keep money in your pocket to fulfill your business’ mission.