Maryland Solar PanelsMaryland Public Service Commission - Solar Renewable Energy Certificates (SRECs)| Description | Details |
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| Incentive Type | Performance-Based Incentive | | Eligibile Technologies | Photovoltaics | | Amount | Varies based on market conditions; as of March 2010 approximately $360/MWh ($0.36/kWh) but some past trades have exceeded $400/MWh ($0.40/kWh) | | Maximum Incentive Type | $400/MWh (the 2010 Solar Alternative Compliance Payment, or SACP) or $0.40/kWh | | Eligible System Size | No specific size limit; but systems generally must be connected at the distribution system serving the state in order to qualify |
Federal Residential Renewable Energy Tax CreditThere is no maximum credit for systems placed in service after 2008. Systems must be placed in service on or after January 1, 2006, and on or before December 31, 2016. | Description | Details |
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| Incentive Type | Personal Tax Credit (Federal) | | Eligibile Technologies | Photovoltaics, Solar Water Heat, Wind, Fuel Cells, Geothermal Heat Pumps, Other Solar Electric Technologies | | Amount | 30% | | Maximum Incentive Type | Solar-electric systems placed in service before 1/1/2009: $2,000
Solar-electric systems placed in service after 12/31/2008: no maximum | | Carryover Provisions | Excess credit may be carried forward to succeeding tax year |
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