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.