Maryland
Incentives/Policies for Renewables & Efficiency
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Last DSIRE Review: 03/18/2009
| Incentive Type: |
Property Tax Exemption |
| State: |
Maryland |
| Eligible Renewable/Other Technologies: |
Solar Water Heat,
Solar Space Heat,
Photovoltaics,
Geothermal Electric,
Geothermal Heat Pumps
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| Applicable Sectors: |
Commercial,
Industrial,
Residential,
Agricultural
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| Amount: | 100% of total real property taxes for one year |
| Max. Limit: | $2,500 |
| Terms: | Devices must meet safety and performance standards set by a nationally recognized testing laboratory. |
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Web Site: |
http://www.harfordcountymd.gov/
Downloads.cfm?FormID=969
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Authority 1:
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Harford County Code § 123-44
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| Date Effective: | 8/25/2006 (amendments 03/24/2008) |
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Summary:
Harford County offers a tax credit for real property taxes imposed on residential or nonresidential buildings or other structures that use solar or geothermal devices for heating, cooling, or generating electricity for on-site consumption. The credit amount is equal to one year of total real property taxes or $2,500, whichever is less. Total real property taxes includes all real property taxes that would have been paid by the taxpayer for that year for the host building or structure, but not on the land. The original 2006 credit applied only to solar heating and cooling devices and had a limit of $1,000. The 2007 amendments added geothermal devices as an eligible technology, electricity generation as an eligible end-use, and increased the maximum credit to $2,500.
In order to qualify for a tax credit, devices must meet national safety and performance standards as set by a nationally recognized testing laboratory for that type of device. A one-time application must be submitted to the Harford County Director of Administration on or before October 1 prior to the taxable year for which the credit is sought. The total tax credits allowed for any one year may not exceed $150,000 and credits will be issued on a first-come, first-served basis. Subsequent applications will be carried over to succeeding years. Contact the Harford County Office of the Director of Administration for an application.
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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.
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