Public Utilities - Solar Energy Generating Systems and Solar Renewable Energy Credits (Affordable Solar Act)

HB 345, the "Affordable Solar Act," creates new rules for solar energy systems in Maryland. It allows homeowners to install portable solar systems (max 1,200 watts) without utility approval or fees, while establishing two new credit types: SRECs for smaller residential systems and SREC-IIs for larger distributed or utility-scale projects (over 5MW). The bill requires utilities to procure specific SREC-II credits and redirects certain fees into new escrow accounts instead of the Strategic Energy Investment Fund. These changes directly affect residential solar users, utilities, and solar developers by altering renewable energy compliance standards and financial mechanisms.