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Maryland(Montgomery County) – High Performance Building Property Tax Credit

Incentive Type Property Tax Incentive
Eligible Technologies Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps, Daylighting, Small Hydroelectric
Applicable Sectors Commercial, Industrial, Multi-Family Residential
Incentive Amount 10% to 75% credit from property taxes owed on building for 3-5 years; varies by building type and building rating
Maximum IncentiveTotal: $5 million per fiscal year limit for all buildings
Silver rating: $1.5 million per fiscal year
Gold rating: $2.5 million per fiscal year
Eligible System Size(s)Building must meet minimum LEED standards (CS, NC, or EB) or equivalent to qualify
Equipment StandardsNone Listed
Installation StandardsNone Listed
Start Date 03/17/2008

More Information Contact:

High Performance Building Property Tax Information – Montgomery County
Montgomery County Department of Finance
Division of Treasury
255 Rockville Pike, Suite L-15
Rockville , MD 20850
Phone: (240) 777-8965
E-Mail: treasury@montgomerycountymd.gov
Web Site: http://www.montgomerycountymd.gov/govtmpl.asp?url=/content/finance/index.asp

 

 

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