Property Tax Exemption for Residential Renewable Energy Equipment (Colorado)
Last modified on December 17, 2014.
Financial Incentive Program
|Name||Property Tax Exemption for Residential Renewable Energy Equipment|
|Incentive Type||Property Tax Incentive|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||100% exemption for renewable energy system property|
|Equipment Requirements||Energy produced by the system must be used on-site|
|Program Administrator||Division of Property Taxation / Local Assessors|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
Most locally assessed renewable energy property meet the criteria to be classified as personal property under § 39-1-102 (11), C.R.S.
For Colorado property taxation purposes, solar energy facilities property used to produce two (2) megawatts or less of AC electricity and wind energy facilities property used to produce two (2) megawatts or less of AC electricity are locally assessed. In addition, locally assessed renewable energy property includes small or low impact hydroelectric facilities, geothermal energy facilities, and biomass energy facilities as defined in § 39-4-101, C.R.S., used to produce two (2) megawatts or less of AC electricity and placed into use prior to January 1, 2010.
Renewable energy property in Colorado is taxable unless specifically exempt by the Colorado Constitution.
Renewable energy personal property that is located on a residential classified property, owned by the residential property owner, and produces energy that is used by the residential property is exempt from Colorado property taxation.
Independently owned residential solar electric generation facilities that meet the criteria listed in § 39-1-102 (6.8), C.R.S. are exempt from Colorado property taxation under § 39-3-102, C.R.S. To qualify for the exemption the solar electric generation facility must be located on residential real property, used to produce electricity from solar energy primarily for use in the residential improvements, and have a production capacity of no more than one hundred (100) kilowatts of AC electricity
|Contact Name||Michael Krueger|
|Department||Colorado Department of Local Affairs|
|Division||Division of Property Taxation (Locally-Assessed Property)|
|Address||1313 Sherman Street, #419|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||CRS 39-3-102|
|Authority 2:||Colorado Assessors' Reference Library, Volume 5, Personal Property Manual, page 7.53|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.