Country:United States
Policy status:Ended
Date Effective:2006
Date Ended:2015
Policy Type:Economic Instruments>Fiscal/financial incentives>Tax relief
Policy Target:Energy Sector>Electricity Generation>Renewable, Buildings>Non-Residential, Buildings>Residential
Agency:Maryland Energy Administration
Legal References:The Maryland Clean Energy Incentive Act

The Maryland Clean Energy Production Tax Credit encourages the adoption of power generating renewable energy sources. Applicants can receive a USD/kWh credit against the state income tax for a five-year period for electricity generated by eligible resources. The minimum tax credit limit is USD 1,000 and the maximum incentive is USD 2.5 million (over the five-year period).

Last modified: Thu, 09 Feb 2017 16:35:12 CET