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maryland financial incentives

The Maryland Energy Administration (MEA) is pleased to announce the launch of the Mid-Sized Solar Energy Grant Program, providing incentives for businesses to install appropriately sized solar photovoltaic and solar hot water systems on their premises.
Limited funding is now available to Maryland businesses, and Non-Profits who intend to install qualified solar photovoltaic or solar hot water systems between now and the end of October, 2010.

Program Structure:

Solar Photovoltaic:

  • $500/ kW for the first 20 kilowatts (of DC capacity) 
  • $250/ kW for kilowatts 21 – 50
  • $150/ kW for kilowatts 51 – 100

System must be between 20 and 100 kilowatts to be eligible; maximum grant amount is $25,000.

Additional Incentives

  • Federal Tax Incentives
    • Solar PV and Solar Hot Water systems placed in service after January 1, 2009 are eligible for a Federal Income Tax Credit equal to 30% of the total installed cost.

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