Maryland: Energy Tax Credits

The following Energy Tax Credits and Energy Rebates are offered in the state of Maryland:

State of Maryland Residential Energy Credits and Energy Rebates

Geothermal Grants The Maryland Energy Administration (MEA) offers grants of up to $3,000 for residential geothermal heat pump systems. Grants are provided at a rate of $500 per ton of refrigeration capacity, equivalent to 12,000 BTUs.
Clean Energy Production Tax Credit An individual that applies for certification from the Maryland Energy Administration (MEA) may claim an energy tax credit equal to 0.85 cents per kilowatt-hour ($0.0085/kWh) against the state income tax, for a five-year period, for electricity generated by eligible resources.
Sales Tax Exemption In 2008, Maryland implemented a zero sales tax regulation on Geothermal Devices. If you buy a Geothermal system, you will pay no Maryland sales tax.

State of Maryland Corporate/Commercial Energy Credits and Energy Rebates

Geothermal Rebates The Maryland Energy Administration (MEA) offers rebates of up to $10,000 for non-residential geothermal heat pump systems. Grants are provided at a rate of $500 per ton of refrigeration capacity, equivalent to 12,000 BTUs.
Corporate Clean Energy Production Tax Credit A corporation that applies for and receives certification from the Maryland Energy Administration (MEA) may claim an energy tax credit equal to 0.85 cents per kilowatt-hour ($0.0085/kWh) against the state income tax, for a five-year period, for electricity generated by eligible resources.

POWER Maryland Commercial & Industrial Energy Efficiency Loan Fund:

The Maryland Energy Administration offers loans for the installation of electric and fuel (gas, fuel oil, propane, and coal) energy efficiency improvements to commercial and industrial businesses located in Maryland. Projects must have a simple payback period of 10 years or less in order to qualify for a loan. Loan amounts may range from a minimum of $35,000 up to $500,000 for electric-only energy efficiency projects and $750,000 for projects that involve both electric and fuel efficiency measures.
Jane E. Lawton Conservation Loan Program Loans under the program can be made to eligible nonprofits, including hospitals and private schools; and local governments, including public school systems and community colleges. This program provides local governments and nonprofits in the State with loans to reduce their operating expenses by identifying and installing energy conservation improvements. It allows borrowers to use the cost savings generated by the improvements as the primary source of revenue for repaying the loans.

Maryland County-by-County Property Tax Credits

Anne Arundel County Allows homeowners to deduct up to $2,500 of the cost of a new geothermal heating and cooling system from their property taxes. The benefit is a one-time energy tax credit, and can be used on any geothermal heating or cooling system installed after January 1, 2009.
Harford County Offers an energy tax credit for real property taxes imposed on residential or nonresidential buildings or other structures that use geothermal devices for heating, cooling, or generating electricity for on-site consumption. The energy tax credit amount is equal to one year of total real property taxes or $2,500, whichever is less.
Montgomery County Offers property tax credits on residential, owner-occupied structures equipped with geothermal or other energy conservation devices. The geothermal energy tax credit is equal to 50% of the cost of the system, up to $5,000 for heating, cooling systems, and electricity generating systems and $1,500 for water heating systems.
Prince George’s County Offers property tax credit on residential structures equipped with geothermal systems. The energy tax credit is equal to 50% of the cost of the system, up to $5,000 for heating and cooling systems and $1,500 for water heating systems.

BGE Residential Energy Rebates

BGE Residential Heating & Cooling programs are designed to improve the effectiveness and the operational efficiency of installed heating, ventilating, and air conditioning (HVAC) equipment in existing residential units.
Act now to receive the following benefits:

Diagnostic Tune-up Energy Rebates: Rebates of $75 for diagnostic tune-ups of heating and cooling equipment
Duct Sealing Energy Rebates: Rebates of $250 for duct sealing
Equipment Energy Rebates: Rebates of $150–$500 on high-efficiency heating and cooling equipment
Quality Installation Energy Rebates: Rebates of $200 for quality installations of new high-efficiency heating and cooling equipment

h2>Your Contractor for Service, Installation, Zoning and Geothermal Heating & Cooling. We are proud to serve the following areas: Anne Arundel County, Prince George’s County, Queen Annes County, Montgomery County, and Howard County.

We are also proud to serve the following cities: Annapolis, Bethesda, Bowie, Columbia, Crofton, Ellicott City, Fort Meade, Gaithersburg, Germantown, Glen Burnie, Pasadena, Potomac, Rockville, and Silver Spring.