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Economic Incentives SEED Program



Economic Incentives

BGE Is Growing Maryland’s Economy

BGE’s new economic development incentive for qualifying businesses is working to help Maryland’s economy grow! 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.

Smart Energy for Economic Development (SEED)

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).
Program Benefits
Business Location Non-enterprise Zone Enterprise Zone
Minimum qualifying load 500 kW of new electric demand per month and/or 90,000 therms of gas annually No minimum load requirement
New full-time job requirement At least 10 full-time jobs At least one full-time job
Benefits 25 percent reduction for three years 25 percent reduction for five years

Approved enterprise zone based businesses can also receive a 75 percent discount on service extension costs
Application

To apply for the SEED program, please take the following steps

  1. Complete the online New Business Service Request Application. You may wish to reference the application checklist for commercial & industrial customers.
  2. Complete the online SEED application, where you will need to enter the Service Request (SR) number from your New Business application.  We no longer accept paper applications.

Note: You must login to a BGE.com account to complete the New Business and SEED applications.  If you need to register for a BGE.com account, please visit our account registration page.

BGE's Economic Development team will review your SEED application in parallel to our New Business team engineering and designing your new or modified service.

Enterprise Zone Locations

Enterprise Zone Locations

Maryland's Enterprise Zone (EZ) program provides real property and state income tax credits for businesses located in a Maryland enterprise zone in return for job creation and investments. Not every business located in an enterprise zone is eligible to receive MD state tax credits or SEED benefits. In order to qualify, the business must be certified by the local enterprise zone administrators as eligible for benefits.

If your business is new or entering a period of expansion, we invite you to explore how we can help you succeed. Download Brochure

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