Prince George's County - Solar and Geothermal Equipment Property Tax Credit (Maryland)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place Maryland
Applies to County Prince George's County, Maryland


Name Prince George's County - Solar and Geothermal Equipment Property Tax Credit
Policy Category Financial Incentive
Policy Type Property Tax Incentive
Affected Technologies Geothermal Electric, Solar Photovoltaics, Wind energy
Active Policy No
Implementing Sector Local















Primary Website http://www.dsireusa.org/documents/Incentives/MD28F.htm


Last Review 2014-09-15



Summary

Md. Property Tax Article § 9-203 allows local governments to offer property tax credits for energy conservation devices if they choose to do so. This credit applies to geothermal and solar PV and thermal systems on residential structures only. The credit is equal to 50% of the cost of the system, up to $5,000 for heating and cooling systems and $1,500 for water heating systems. The amount of the tax credit cannot exceed the taxes imposed on the property during a fiscal year. Maximum credits issued by the country during a fiscal year cannot exceed $250,000.


<metadesc> Prince George's County - Solar and Geothermal Equipment Property Tax Credit: energy incentive program. </metadesc>



















References