Maryland Incentives to go Geothermal

Federal Tax Credit

30%

Tax Credit:30% of cost with no upper limit
Expires:December 31, 2016
Details: Existing homes & new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.

MD State rebate

$3,000

Residential: $3,000 per project
Non-residential: $90-$180 per ton (varies by system size)
Non-residential Max: $4,500

Local/Utilities

Vary

Many utilities offer incentives when homeowners & business install geothermal