Property Tax Exemption for Residential Renewable Energy Equipment (Colorado)

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Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Colorado

Name Property Tax Exemption for Residential Renewable Energy Equipment
Incentive Type Property Tax Incentive
Applicable Sector Residential
Eligible Technologies Photovoltaics
Active Incentive Yes

Implementing Sector State/Territory
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

Date added to DSIRE 2010-06-16
Last DSIRE Review 2014-06-25



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

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


Incentive Contact

Contact Name Michael Krueger
Department Colorado Department of Local Affairs
Division Division of Property Taxation (Locally-Assessed Property)
Address 1313 Sherman Street, #419

Place Denver, Colorado
Zip/Postal Code 80203
Phone (303) 864-7792


Email michael.krueger@state.co.us

     
     

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.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"