Program | Puerto Rico - Property Tax Exemption for Solar and Renewable Energy Equipment |
---|---|
Category | Financial Incentive |
Implementing sector | State |
Last Update | |
State | Puerto Rico |
Administrator | Energy Affairs Administration |
Start Date | |
Technologies | Solar - Passive, Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Solar Pool Heating |
Sectors | Residential |
Puerto Rico provides a property tax exemption for all "solar powered material, equipment or accessory and renewable energy collection, storage, generation, distribution, and application equipment." Renewable energy is defined per Ley 325-2004: solar, wind, hydro, biomass, ocean thermal, wave, tidal and other energy "whose use is clean, reliable, safe and sustainable."