Strategic Energy Investment Fund Powers Valuable State Energy Programs Supporting Clean Energy Advancement and Greenhouse Gas Reduction
Earlier this month, MEA launched a new blog series entitled, “Maryland Energy Data Points” to explore how energy initiatives are impacting the lives of Marylanders. Most of the funding for MEA programs comes from the Strategic Energy Investment Fund (SEIF) which MEA administers. SEIF funds enable meaningful state energy programs that spur clean energy advancements and reduce greenhouse gas emissions. Without SEIF funding many energy-related savings opportunities for residents, businesses, local governments and nonprofits will be lost. Innovative programs, such as the Data Center Energy Efficiency and Resilient Maryland will be halted.
Each year MEA puts out a comprehensive SEIF report (SEIF 2020 vol 1 and vol 2) explaining each year how the money was utilized. SEIF money makes Maryland’s energy more affordable, cleaner and reliable through programs offered by MEA and other state agencies. These programs address: consumer energy costs, global climate change concerns, job creation, energy resilience, economic development, business retention, and energy freedom. Without these necessary funds, Maryland residents, businesses and nonprofits would not be able to make vital energy saving upgrades and investments.
This is only a one year snapshot, be sure to check out our SEIF 2019 and 2018 highlights and reports.
Download the full 2020 SEIF report vol 1 and vol 2 to learn more. All past SEIF reports are online.