This credit is allowed if a Maryland facility is originally placed in service or initially began co-firing, during the period of 1/1/2006 through 12/31/2019 and produces electricity during the tax year primarily using qualified energy resources derived from:
• Open and Closed Loop Biomass
• Small Irrigation
• Municipal Solid Waste
• Qualified Hydropower
The credit is 0.85 cents for each kilowatt hour of electricity produced at a Maryland facility using qualified energy resources during the five-year period specified in the initial credit certificate.
You must have obtained an initial credit certificate from Maryland Energy Administration before January 1, 2019 in order to claim this credit.