Local Option - Property Tax Exemption for Renewable Energy Systems (Colorado)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Local Option - Property Tax Exemption for Renewable Energy Systems|
|Incentive Type||Property Tax Incentive|
|Applicable Sector||Commercial, Industrial, Residential, General Public/Consumer, Agricultural|
|Eligible Technologies||Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass, Geothermal Heat Pumps|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||Varies (local option)|
|Maximum Incentive||Varies (local option)|
|Program Administrator||Department of Local Affairs, Local Governments|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
Colorado enacted legislation in April 2007 to authorize counties and municipalities to offer property or sales tax rebates or credits to residential and commercial property owners who install renewable energy systems on their property (see S.B. 145).
Eligible renewable energy property is defined as "any fixture, product, system, device or interacting group of devices that produce electricity from renewable resources, including, but not limited to, photovoltaic systems, solar thermal systems, small wind systems, biomass systems, or geothermal systems."
The incentive is administered at the local level by individual cities and counties. Individuals should contact the cities or counties where their property is located to see if a tax rebate or credit has been established in their community.
Websites for many Colorado cities can be found at the Colorado Municipal League website, www.cml.org.
Websites for Colorado counties can be found at the Colorado Counties, Inc. web site, www.ccionline.org.
Authorities (Please contact the if there are any file problems.)
|Authority 1:||CRS § 30-11-107.3|
|Authority 2:||CRS § 31-20-101.3|
|Date Enacted||4/16/2007 (subsequently amended)|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.