Maryland Gov. Hogan vetoes increase to state's renewable energy standard

By Robert Walton, Utility Dive.

Dive Brief:

  • Maryland Governor Larry Hogan has vetoed legislation to raise the state's renewable portfolio standard from 20% to 25% by 2020, citing tax increases of up to $196 million under the plan.
  • Hogan had been expected to sign the bill, and a recent poll found more than 70% of the state's voters across both parties supported the increased standard.
  • According to Hogan, Maryland consumers in 2014 paid more than $104 million for renewable energy credits and the higher standard would impose "an additional burden on ratepayers."