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Governor Hogan Announces $2 Million Dollars for Energy Efficiency Incentives for Maryland Manufacturers

From left to right, RMI President Mike Galiazzo, MEA Chief of Staff Greg Williams, Governor Larry Hogan, Energy Program Manager Brandon Bowser and Energy Program Manager Rory Spangler

Today, Governor Hogan announced a new $2 million dollar grant to encourage commercial energy efficiency and economic growth within our commercial manufacturing sector. The grant provides funding to the Regional Manufacturing Institute (“RMI”) for the purposes of identifying and assisting manufacturers in the Pepco and Delmarva service territories in need of energy efficiency upgrades to reduce their energy expenditures. RMI will help these entities identify opportunities in their facilities and operations to reduce energy consumption and improve efficiency, obtain incentives through utility rebate programs, MEA programs, and other leveraged funding sources, find contractors for their energy efficiency projects, and implement plans of action to achieve their energy goals. The bulk of the projects under this program will fit within the┬áNext Generation Energy Efficiency Gains (“NGEEG”) Program and the Combined Heat and Power (CHP) Program.

To see a video of today’s announcement, click here.

With this new three-year program, RMI expects to target 50 Maryland based companies to invest in next generation energy efficiency gains. The anticipated energy saved from this program is 10 million kilowatt hours or $1.2 million in cost savings for companies based in the State. The anticipated energy upgrades processed for Maryland companies will yield a reduction of 7 million kilowatt hours or $840,000 dollars in cost savings.

In 2014, RMI received a similar grant which assisted manufacturers within the BGE service territory, that saw tremendous success – their efforts resulted in completed energy upgrades which reduced electricity consumption by 10 million kWh and $1.2 million in energy cost savings, with an additional 7 million kWh and $840,000 in cost savings of energy upgrades in progress at the time the grant period finished. This success ultimately prompted the continuation of the NGEEG Program, spurred by PSC Order No. 88128 as a condition of its approval of the Exelon-Pepco Holdings merger.