Renewable Energy Equipment Exemption

Renewable Energy Investment Exemption - This program may exempt renewable energy equipment, such as solar panels, from property tax beginning April 1, 2020. In order to be eligible, the nameplate capacity of distributed generation for net energy billing must be less than 5 megawatts. Taxpayers must apply for the credit by April 1 of the first year the exemption is requested. Taxpayers are encouraged to check with their installer or refer to their installation contract documents if they have questions about entries on the form. For more information on this exemption please click here for a direct link to Title 36 M.R.S. §§ 655(1)(U) & 656(1)(K). Additional information can be found under Title 35-A M.R.S §§ 3209-A or by clicking here.

Please click here for the Renewable Energy Investment Exemption