Massachusetts

Incentives/Policies for Energy Efficiency

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Alternative Energy and Energy Conservation Patent Exemption (Corporate)

Last DSIRE Review: 06/19/2009

Program Overview:

State:	Massachusetts
Incentive Type:	Industry Recruitment/Support
Eligible Efficiency Technologies:	Yes; specific technologies not identified
Eligible Renewable/Other Technologies:	Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, Municipal Solid Waste
Applicable Sectors:	Commercial
Amount:	100% deduction
Web Site:	http://www.state.ma.us/doer/programs/renew/renew.htm#taxcred

Authority 1:

MGL ch. 62, § 2(a)(2)(G)

Date Effective:

1979

Summary:

Massachusetts offers a corporate excise tax deduction for (1) any income -- including royalty income -- received from the sale or lease of a U.S. patent deemed beneficial for energy conservation or alternative energy development by the Massachusetts Department of Energy Resources, and (2) any income received from the sale or lease of personal or real property or materials manufactured in Massachusetts and subject to the approved patent. The deduction is effective for up to five years from the date of issuance of the U.S. patent or the date of approval by the Massachusetts Department of Energy Resources, whichever expires first.

Contact:

	Tax Information Massachusetts Department of Revenue P.O. Box 701 Boston, MA 02204 Phone: (800) 392-6089 Web Site: http://www.dor.state.ma.us

	Legal Department Massachusetts Department of Energy Resources (DOER) 100 Cambridge St. Suite 1020 Boston, MA 02114 Phone: (617) 626-7300 Fax: (617) 727-0030 E-Mail: doer.energy@state.ma.us Web Site: http://www.mass.gov/doer

Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.