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Economic Incentives

Explore our Smart Energy for Economic Development (SEED) program.

BGE’s new economic development incentive for qualifying businesses – working to help Maryland’s economy grow!
 
For nearly 200 years, BGE has been Maryland’s leading gas and electric provider – serving more than 1.25 million electric and more than 650,000 gas customers. Our focus on safety, reliability and innovation has been an integral part of Maryland’s prosperity and its ability to increase economic opportunities for its residents and businesses.
 
As Maryland works to attract and grow businesses, BGE is ready to support the State’s efforts.  We understand that a vibrant economy is the foundation for our state’s high quality of life. By providing programs, services and incentives that encourage business growth and expansion in our service territory, BGE strives to help Maryland maximize its economic potential.
 
The SEED Program
The SEED Program will allow qualifying businesses to invest more of their resources in their own operations by reducing BGE’s charges for service extensions and temporarily decreasing energy distribution charges . It is our hope that these reductions will help businesses grow, expand, hire and ultimately contribute to a stronger economy.
 
BGE’s SEED Program offers eligible commercial customers:
  • A 25% reduction on electric and natural gas distribution and demand charges
  • A 75% discount on service extension costs (for businesses that are located in a Maryland enterprise zone).

Click for the SEED Program Application>

To apply, please complete and submit the application. If you have questions or need assistance, please contact our economic development office at economicdevelopment@bge.com 
 
Download and print our SEED brochure for more information on the program

Looking to save energy costs in other ways?
BGE offers programs and incentives to help businesses improve energy efficiency and the bottom line. Visit BGESmartEnergy.com for details. You can also email business@bgesmartenergy.com or call 1-877-685-SESP(7377)

The Maryland Energy Administration manages programs designed to help attain Maryland's Goals in energy reduction, renewable energy, climate action, and green jobs. We encourage customers to take advantage of these programs.

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