| Implementing Sector | State |
|---|---|
| Category | Financial Incentive |
| State | Maine |
| Incentive Type | Property Tax Incentive |
| Web Site | Maine Department of Revenue - Property Tax Exemptions |
| Administrator | Maine Department of Revenue |
| Start Date | 04/01/2020 |
| Eligible Renewable/Other Technologies | Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Wind (Small) |
| Applicable Sectors | Commercial, Industrial, Residential, Agricultural, Multifamily Residential |
| Incentive Amount | 100% exemption |
| Eligible System Size | Not specified. Electricity must be used on-site or transmitted through the utility T&D system to provide bill credits for customers. |
Maine has implemented a property tax exemption specifically designed for solar and wind energy equipment that generates heat or electricity. This exemption is applicable under two conditions: first, if the entirety of the energy produced is utilized on the premises where the equipment is installed; and second, if the energy is transmitted through the infrastructure of a transmission and distribution utility, allowing one or more customers to benefit from a bill credit corresponding to the energy generated. This incentive aims to encourage the adoption of renewable energy sources by reducing the financial burden on property owners who install such systems, thereby promoting sustainable energy practices within the state.
| Name | 36 M.R.S.A. §655 (U) |
|---|---|
| Name | 36 M.R.S.A. §656 (K) |
