| 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 Incentive | Total: $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 Standards | None Listed |
| Installation Standards | None 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: [email protected]
Web Site: http://www.montgomerycountymd.gov/govtmpl.asp?url=/content/finance/index.asp
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