Excise Tax Exemption for Solar or Wind Powered Systems

Last updated: August 28, 2018

Program Overview

Implementing Sector:State
Category:Financial Incentive
State:Massachusetts
Incentive Type:Corporate Tax Exemption
Web Site:http://www.mass.gov/dor/businesses/current-tax-info/guide-to-corporate-excise-tax/deductions.html#solar
Administrator:Massachusetts Department of Revenue
Eligible Renewable/Other Technologies:Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Wind (All), Wind (Small)

Authorities

Name:MGL ch. 63, § 38H
Date Enacted:1976

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.

Solar system price checker

Design Your Solar Home

START

Market Trend

12 3

Input your address to see if it is solar friendly and how much you can save with solar.

Great. Your address is perfect for solar. Solar incentive is still available. Select monthly utility cost and calculate the size of solar system you will need now.

Whoa ! Going solar is definitely a smart decision.

kw System size years Payback period Lifetime savings

No money down, 100% finance is available.