Program U.S. Virgin Islands Property Tax Incentive
Category Financial Incentive
Implementing sector State
Last Update
State Virgin Islands
Website https://ltg.gov.vi/press-release/property-tax-credits-deadline-for-new-homeowne…
Technologies Solar - Passive, Solar Photovoltaics
Sectors Residential

AB 7586 (The FIT Act) establishes that renewable energy system must be counted as personal/chattel property instead of real property for tax purposes. Renewable energy systems do, however, count as real property for insurance purposes.

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