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Hawaii: Solar System is Not Placed in Service Until All State Law Requirements Have Been Satisfied

By Guoyu Tao & Jeffrey G. Davis on December 11, 2018

In September, the State of Hawaii Department of Taxation issued a letter ruling (Hawaii Letter Ruling No. 2018-01) that clarified the “placed in service” requirement in the application of the Renewable Energy Technologies Income Tax Credit (“RETITC”) in Hawaii. A project was denied RETITC in the year when testing was conducted because the project had…

Maryland Energy Administration Adopted New Regulations for Energy Storage System Income Tax Credit Program

By Guoyu Tao & Jeffrey G. Davis on November 27, 2018

Posted in State Tax, Storage

In 2017, Maryland, with Governor Larry Hogan’s (R) support, became the first state in the country to launch a tax credit program for energy storage systems. In September, 2018, Maryland Energy Administration adopted new regulations that clarified certain qualifications of eligible systems and established procedures for individuals and businesses to apply for tax credits.

The…