Thirteen Maryland companies expect to create 1,100 jobs, including 600 in Baltimore, aided by a Baltimore Gas and Electric Co. incentive program.
BGE's Smart Energy Economic Development Program, which launched in September, offers discounts on energy bills and other incentives to businesses that expand their electric or natural gas usage and create new full-time jobs.
Nine Baltimore companies are among the 13 to apply for the program so far, including Parkway Theatre, Sagamore Whisky, Culinary Architecture and the La Quinta Inn & Suites on Saratoga Street.
"The SEED Program is another example of how BGE can positively impact our community," said BGE CEO Calvin Butler Jr., in a statement. "Providing targeted economic incentives to businesses allows them to invest those cost savings in their own growth. This helps to keep Maryland's economy strong which benefits everyone in our service area."
Companies in Harford, Baltimore and Prince George's counties also have signed on to the incentive program.