Electric Vehicle Supply Equipment (EVSE) Tax Credit

The Maryland Energy Administration (MEA) offers an income tax credit equal to 20% of the cost of qualified EVSE that meets the definition of qualified alternative fuel vehicle fueling property as set forth in the Internal Revenue Code. The credit may not exceed $400 or the state income tax imposed for that tax year, whichever is less. The tax credit is limited to one EVSE system per individual and 30 EVSE systems per business entity. Unused credits may not be carried over. MEA may adopt regulations to limit the credit amounts. As of March 30, 2016, funds for Fiscal Year 2016 are depleted (verified April 2016). MEA still accepts applications and places applicants on a waiting list for rebates resuming in July 2016. For more information, see MEA’s EVSE Tax Credit Program page. (Reference Maryland Statutes, Tax-General Code 10-729)