1. Maryland's Energy Storage Tax Credit: Gaining Momentum Across America?

    Maryland's Energy Storage Tax Credit: Gaining Momentum Across America?

    The General Assembly of Maryland just passed a bill that would provide a 30% tax credit to those who chose to utilize energy storage technology, making it the first state in the country to pass such legislation. The funds provided by the bill would last from 2018 to 2022. The bill includes a cap of $5,000 for residential storage projects, while for commercial projects, the cap is set at $75,000. The state government has allocated a total of $750,000 per year to be used in credits.

    Read Full Article
  1. Topics Mentioned

  2. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences