Program | Property Tax Exemption for Community Solar Gardens |
---|---|
Category | Financial Incentive |
Implementing sector | State |
Last Update | |
State | Colorado |
Website | https://cdola.colorado.gov/renewable-energy |
Start Date | |
Technologies | Solar Photovoltaics |
Sectors | Residential |
Note: As of January 1, 2021, this incentive is no longer available.
Community solar gardens are classified as locally assessed properties for the purpose of property taxation. H.B. 1101 exempts from property tax the percentage of electricity capacity (AC) of a community solar garden that is attributed to residential subscribers, governmental subscribers, or organizations that already have been granted property tax-exempt status. The property tax exemption is for the tax years beginning on January 1, 2015 and ending before January 1, 2021.