<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".07" citation="COMAR 14.26.07.07" title_num="14" subtitle_num="26" chapter_num="07" heading="Application Process for a Credit Certification.">
  <paragraph num="A.">
    <text>An individual or corporation interested in qualifying for a credit certification may be asked to provide some or all, at the sole discretion of the Administration, of the following information to the Administration:</text>
    <paragraph num="(1)">
      <text>Name, address, email address, and phone number of the applicant's authorized representative;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Estimated gross income of property owner for a residential participant, or gross revenue for a commercial participant;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Estimated tax liability;</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Property physical address and proof of ownership of property;</text>
    </paragraph>
    <paragraph num="(5)">
      <text>Description of the qualifying energy storage system being proposed for use at the facility and an explanation of how it offsets electricity when discharging;</text>
    </paragraph>
    <paragraph num="(6)">
      <text>Name and contact information of the developer/installer;</text>
    </paragraph>
    <paragraph num="(7)">
      <text>Whether or not the energy storage system will participate in wholesale energy markets;</text>
    </paragraph>
    <paragraph num="(8)">
      <text>Anticipated cost of the qualifying energy storage system;</text>
    </paragraph>
    <paragraph num="(9)">
      <text>Expected life of the qualifying energy storage system;</text>
    </paragraph>
    <paragraph num="(10)">
      <text>Anticipated in-service date for the qualifying energy storage system;</text>
    </paragraph>
    <paragraph num="(11)">
      <text>Anticipated capacity factor of the qualifying energy storage system;</text>
    </paragraph>
    <paragraph num="(12)">
      <text>Energy storage duration;</text>
    </paragraph>
    <paragraph num="(13)">
      <text>Energy density;</text>
    </paragraph>
    <paragraph num="(14)">
      <text>Energy storage system power density;</text>
    </paragraph>
    <paragraph num="(15)">
      <text>Documentation verifying that the energy storage system has been installed and is operational, which includes copies of local electrical permits, inspection approvals, equipment certified by a nationally recognized testing laboratory, the results of any performance testing, and any other applicable documentation; and</text>
    </paragraph>
    <paragraph num="(16)">
      <text>Any other information the Administration considers necessary to process the application.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>The Administration shall issue credit certificates on a first-come, first-served basis once it has determined the application is complete and verifies the information provided by the applicant.</text>
  </paragraph>
  <paragraph num="C.">
    <text>The Administration may bifurcate the application process as necessary into more than one step.</text>
  </paragraph>
  <paragraph num="D.">
    <text>The Administration may not issue a credit certification of more than $75,000 for a commercial property or $5,000 for a residential property, and the Administration may not issue a total amount of credits totaling more than $750,000 in any taxable year.</text>
  </paragraph>
</regulation>