Renewable Energy Investment Exemption (Title 36, M.R.S.A. §655(1)(U) & 656(1)(K))
This program exempts eligible renewable energy equipment, such as solar panels, from property tax beginning April 1, 2020.
Residential Solar Eligibility:
100% of energy produced is consumed at the location of the array; OR
The customer receives a net energy billing credit.
Commercial Solar Eligibility:
A solar farm with a nameplate capacity of less than 5 MW qualifies for exemption if it is receiving a net metering credit pursuant to 35-A M.R.S. § 3209-A ; OR
A solar array of any size is eligible if 100% of energy produced is consumed at the location of the array.
Filing Deadline:
April 1 of the first year in which exemption is requested.
