Maryland Residents can receive subsidies three ways, In addition to 30% Federal Tax Credit:
State Grants (current 2010):
Maximum $10,000 grant paid to both residential and commerical owners for systems under 20kW.
$1,250 per kilowatt (kW) installed, up to 2kW
$750 per kW, from 4-8kW installed
$250 per kW, for 9-10kW installed
Maryland County Incentives:
Funds are limited and provided on first come, first served basis!
Anne Arundel County
Property Tax Credit 50% of the total cost, up to $2,500
Harford County
Tax Credit $2,500 flat credit
Howard County: (Property Tax Credit for Energy Conservation Devices)
Tax Credit 50% of the total cost up to $5,000
(Ask a Clean Currents representative about funding of the Howard County credit)
Montgomery County:
Tax Credit 50% of the total cost up to $5,000
Prince George's County:
Tax Credit: 50% of the total cost up to $5,000
Sale of Solar RECs
Due to Public Service Commision mandates, State Energy Suppliers will pay for your Solar RECs
1 REC = 1000 kWh of clean solar energy. 1 REC is worth hundreds of dollars.
Clean Currents is uniquely qualified to sell your RECs. Click here to learn more.
|
Incentives for Solar Installations in Maryland