Pepco Maryland Customer bills will increase starting on April 1, 2022, and as authorized by the Maryland Public Service Commission (PSC), will be partially reduced by certain tax benefits. With the rate adjustment and offsets approved by the PSC, typical residential electric bills will increase by $3.48 per month as compared to last year. See pepco.com/MYPMD for details.
Your business can qualify for incentives through Pepco's Energy Efficiency Programs. Financial incentives are available for the installation of higher efficiency equipment, new construction, small businesses and multi-family properties. Commercial, industrial, government, institutional and non-profit customers can all take advantage of these customized incentive programs. To explore the options and discover how your business can begin to save, visit
Ways to Save for Your Business.
U.S. Small Business Administration offers a variety of loan programs to eligible small businesses that cannot borrow on reasonable terms from conventional lenders in the amount needed without government help. Most of the SBA's business loans are made by private lenders and then guaranteed by the agency. While it may not necessarily be easier to be approved for an SBA guaranteed loan, the guarantee will allow you to obtain a loan with a longer maturity at better repayment terms and interest rates, thereby reducing your monthly payments.
local economic development organization for further resources and for application assistance. They can be instrumental in facilitating communications with local taxing authorities, and they can help design loan packages that incorporate State and Federal programs with private financing.