Agricultural –
$30k to install Solar
Residential –
Counties – Property Tax Credit for Solar –
Baltimore Co, PG Co. Harford – $5k
Anne Arundel – $2.5k
High Performance Dwelling Property Tax Credit –
Anne Arundel – $1k, $2k or $3k per year depending on LEED rating
Montgomery Co. – 10% to 75% credit from property taxes owed on building for 3-5 years; varies by building type and building rating
Baltimore Co. – Commercial: 10% – 80% of county real property taxes assessed for 3 – 5 years
Homes (LEED or NGBS): 40% – 100% of county real property taxes assessed for 3 – 5 years
Homes (Energy Improvements): varies, equal to the % of energy efficiency improvement over a baseline of existing home or the energy code for new homes
Howard – High Performance Buildings (except R-2, R-3 buildings): credit of 10% to 75% of taxes owed for 3 to 5 years; varies by building type and building rating
High Performance R-2, R-3 Buildings: credit of 19% to 100% of taxes owed for 4 years; varies by building rating and declines for each year claimed (i.e., the Year 2 % is less than Year 1)
Green Buildings (w/energy conservation devices): credit of 14% – 20% of cost of device for 3 years; varies by building rating
State – Residential Clean Energy Rebate Program – $1k max
Title 9 of Maryland’s property tax code creates an optional property tax credit for high performance buildings
Property Tax Exemption for Solar and Wind Energy Systems
Solar Easements & Rights Laws – Means HOA or other Deeds or Covenants cannot restrict Solar Installations
Energy Storage Tax Credit – Lithium-ion Systems – $5k for Residential, $75k for Commercial
DHCD Net Zero Construction Loan Program – For Energy efficiency design and technology and renewable energy resources – Interest Rates as follows HERS Score 0-15: 2%, HERS Score 16-35: 3%, HERS Score 36-50: 4%
Federal – Residential Renewable Energy Tax Credit – 2020 is 26%, 2021 is 22%
Commercial –
Federal – Renewable Electricity Production Tax Credit (PTC) – Solar Systems not claiming the ITC: $0.023/kWh, $.012 is you are claiming the ITC
Business Energy Investment Tax Credit (ITC) – 2020 is 26%, 2021 is 22%
State – Commercial Clean Energy Rebate Program – $6k Max