Maryland GREC market
Geothermal facilities energized
JAN 2023 and later
Eligible Location

MD sited only

Energy Year

January to December (energy year 2023 = Jan 2023 to Dec 2023)

Useful SREC Lifetime

3 years

Eligible Systems

Systems Installed Jan 2023 and later - GATS MD State Number = MD-0000-GEO-01-23
Systems Installed prior to 2023 classify as MD Tier 1 - GATS MD State Number in GATS = MD-0000-GEO-01

RPS - Renewable Portfolio Standard

Energy Year

SACP

RPS %

2023

$100.00

0.05%

2024

$100.00

0.15%

2025

$100.00

0.25%

2026

$90.00

0.50%

2027

$80.00

0.75%

2028

$65.00

1.00%

2029

$65.00

1.00%

2030 and later

$65.00

1.00%