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University of Maryland (UMD) Extension Specialists and industry representatives discuss opportunities for farms and businesses with an interest in solar electricity. Learn about the opportunities, challenges, and practical applications of solar energy in Maryland. The webinar covers important topics to help you decide if solar is right for you, and how you can install a solar electric system that will meet your needs. Topics include: 13:00 How solar energy works and what role it plays 14:22 --- Where does energy come from? 15:30 --- What role does solar play? 21:57 --- What is solar? 30:03 --- What does solar cost? 32:40 Legal, economic, and policy updates for ag solar 33:27 --- Solar energy development in the US 34:49 --- Types of agreements 36:07 --- Terms of lease 38:10 --- Rent and royalty clauses 39:32 --- Remediation period 40:35 --- Resources available 46:10 The solar friendly climate in Maryland 48:40 --- Why landowners are turning to solar? 49:16 --- What steps for process development? 52:28 --- Development process 55:35 --- Agricultural solar case study 57:18 Solar project financials 57:28 --- Declining solar costs 59:47 --- Financial options 1:03:27 --- Electricity bill savings 1:05:15 --- Solar renewable energy credits 1:06:30 --- Tax credits 1:07:41 --- Cash flow examples 1:09:01 --- Community solar 1:10:55 --- Development timeline 1:20:18 Q&A