From SolveCimateNews.com
The state's 20% renewable portfolio standard and various tax incentives have attracted three of the country's top solar leasing firms this year
By Maria Gallucci, Solve Climate News
Maryland's ambitious renewables goal and booming solar market have lured its third solar leasing firm this year, putting the state on track to substantially boost the rate of installations for rooftop systems.
SunRun, a San Francisco solar provider that owns, maintains and insures solar arrays and sells the electricity to homeowners, announced last week that it was teaming up with two Maryland installers to offer its services in the state for the first time.
The company can expect competition from other California firms eager to tap a promising new market.
SunRun's announcement came just weeks after Oakland-based Sungevity said it would move into Maryland as part of an East Coast expansion that includes Delaware, Massachusetts, New Jersey and New York.
In January, SunRun's closest competitor, San Mateo, Calif.-based SolarCity, acquired Clean Currents of Silver Spring to serve as its operations center for Maryland and the District of Columbia. SolarCity also offers residential solar systems for sale and lease through Home Depot stores in Maryland and D.C., plus four other states.
"That is a testament to the impact that the industry has had in the state," Ian Hines, a spokesperson for the Maryland Energy Administration, said of the leading solar companies' recent moves.
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