The Maryland Clean Energy Incentive Act provides for a 100% exemption of the excise tax on new electric or hybrid vehicles. Electric vehicles have a maximum exemption of $2000 and hybrid a cap of $1500, depending on the on-board rechargeable system's power factor and the efficiency of the regenerative braking system. Hybrid vehicles must also meet existing clean air standards for new vehicles.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Maryland |
| Incentive Type: | Sales Tax Incentive |
| Web Site: | http://www.energy.state.md.us/cleanincentives.html |
| Administrator: | Maryland Energy Administration |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: | 100% |
| Maximum Incentive: | $150 - $2000 |
| Name: | Tim LaRonde |
| Organization: | Maryland Energy Administration |
| Address: |
1623 Forest Drive, Suite 300 Annapolis MD 21403 |
| Phone: | (410) 260-7539 |
| Email: | meainfo@energy.state.md.us |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
Copyright © 2024 EnergyBot • All rights reserved.
1601 Bryan St Suite 900, Dallas, TX 75201
