Solar & Battery Regulation & Incentive Programs

Excise Tax Exemption for Solar or Wind Powered Systems

Program Overview


Category:
Financial Incentive
Program Type:
Corporate Tax Exemption
Implementing Sector:
State
State:
Massachusetts
Eligible Storage Technologies:
Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Wind (All), Wind (Small)
Website:
http://www.mass.gov/dor/businesses/current-tax-info/guide-to-corporate-excise-tax/deductions.html#solar
Incentive Amount:
100% of the tangible property portion of the excise tax
Maximum Incentive:
None
Administrator:
Massachusetts Department of Revenue
Applicable Sectors:
Commercial, Industrial
Last Updated:
05/24/2017

Summary

Massachusetts law exempts any "solar or wind powered climatic control unit and any solar or wind powered water heating unit or any other type unit or system powered thereby," that qualifies for the state's excise tax deduction for these systems from the tangible property measure of the state's corporate excise tax. The exemption is in effect for the length of the system's depreciation period. 

Note: For information about what constitutes the corporate excise tax, please visit the official Massachusetts website.


Authorities

NameEnacted DateEffective DateExpired Date
MGL ch. 63, § 38H1976