Excise Tax Exemption for Solar- or Wind-Powered Systems (Massachusetts)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||Excise Tax Exemption for Solar- or Wind-Powered Systems|
|Incentive Type||Corporate Exemption|
|Applicable Sector||Commercial, Industrial|
|Eligible Technologies||Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Wind|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||100% of the tangible property portion of the excise tax|
|Program Administrator||Massachusetts Department of Revenue|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
Massachusetts law exempts any "solar or wind powered climatic control unit and any solar or wind powered water heating unit or any other type unit or system powered thereby," that qualifies for the state's excise tax deduction for these systems from the tangible property measure of the state's corporate excise tax. The exemption is in effect for the length of the system's depreciation period.
Note: For information about what constitutes the corporate excise tax, please visit the official Massachusetts website.
|Contact Name||Tax Information|
|Department||Massachusetts Department of Revenue|
|Address||P.O. Box 701|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||MGL ch. 63, § 38H|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.