| Program | Excise Tax Exemption for Solar or Wind Powered Systems |
|---|---|
| Category | Financial Incentive |
| Implementing sector | State |
| Last Update | |
| State | Massachusetts |
| Administrator | Massachusetts Department of Revenue |
| Website | http://www.mass.gov/dor/businesses/current-tax-info/guide-to-corporate-excise-t… |
| Technologies | Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat |
Massachusetts law exempts any "solar or wind powered climate 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.
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