The Program is available to residential and commercial taxpayers who have installed an energy storage system on their residential or commercial property in Maryland during Tax Year 2020 (January 1 - December 31, 2020). Under the enabling statute, MEA may award a total of $750,000 in tax credit certificates during a given tax year. Tax credit certificates will be awarded to eligible applicants on a first come, first served basis during Tax Year 2020. To comply with the enabling statute, under no circumstances will more than $750,000 in energy storage income tax credit certificates be awarded for a single Tax Year. Current law authorizes MEA to offer this program for Tax Years 2018, 2019, 2020, 2021, and 2022.
The deadline for submitting an application for a Tax Year 2020 energy storage tax credit is January 15, 2021 at 11:59 PM EST. In addition, please note that MEA will not accept missing documents and/or information for applications on file for Tax Year 2020 after January 20, 2021 at 11:59 pm EST.