Property Tax Exemption for Wind and Geothermal Energy Producers (Idaho)

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Idaho

Name Property Tax Exemption for Wind and Geothermal Energy Producers
Incentive Type Property Tax Incentive
Applicable Sector Commercial
Eligible Technologies Wind, Geothermal Electric
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount 100% of property taxes







Start Date 2008-01-01


















Program Administrator Idaho State Tax Commission

Date added to DSIRE 2007-03-30
Last DSIRE Review 2014-10-30



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


Summary

In 2007, Idaho enacted a bill that restructured the method of taxation for producers of wind energy from a property tax to a tax on production. The aim of this restructuring was to ease the burden on commercial wind farms in the early years of operation. In 2008, Idaho enacted further legislation to include geothermal energy producers under this method of taxation. Under these policies, commercial wind operators and geothermal energy producers, excluding those regulated by the Idaho Public Utilities Commission, are exempt from paying taxes on real estate, fixtures or property related to their renewable energy systems. In lieu of property taxes, however, wind and geothermal energy producers must instead pay a tax of three percent (3%) of gross energy earnings.


Incentive Contact

Contact Name Public Information
Department Idaho State Tax Commission

Address PO Box 36

Place Boise, Idaho
Zip/Postal Code 83722-0410
Phone (208) 334-7500
Phone 2 (800) 972-7660

Email taxrep@tax.idaho.gov
Website http://tax.idaho.gov/
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: Idaho Code § 63-3502B
Date Effective 2008-01-01



Authority 2: HB 189
Date Effective 2007-01-01
Date Enacted 2007-03-21


Authority 3: HB 529
Date Effective 2008-01-01
Date Enacted 2008-03-20

















  • 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"