Property Tax Exemption for Wind Generators (Oklahoma)
This is the approved revision of this page, as well as being the most recent.
Last modified on December 17, 2014.
Financial Incentive Program
|Name||Property Tax Exemption for Wind Generators|
|Incentive Type||Property Tax Incentive|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||100% exemption for 5 years|
|Equipment Requirements||NACIS 221119 system required|
|Program Administrator||Oklahoma Tax Commission|
|Date added to DSIRE||2011-11-04|
|Last DSIRE Review||2014-08-13|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
Oklahoma offers a 5-year ad valorem property tax exemption for certain wind-power generators.
Manufacturing facilities (broadly defined as “facilities engaged in the mechanical or chemical transformation of materials or substances into new products”) are eligible for the property tax exemption if there is a net increase in annualized payroll of at least $250,000 in counties with a population of 75,000 or less or at least $1,000,000 if the facility is located in a county with a population of 75,000 or more. However, wind-power generators are specifically exempt in the statute from these payroll requirements if there is a net increase in annualized payroll at the facility of at least $250,000 or a net increase of $2,000,000 or more in capital improvements while maintaining or increasing payroll.
More information on the wind-power generator ad valorem property tax exemption can be found through the Oklahoma Tax Commission.
|Department||Oklahoma Tax Commission|
|Address||Post Office Box 26800|
|Place||Oklahoma City, Oklahoma|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Oklahoma Ad Valorem Tax Laws|
|Authority 2:||68 O.S. § 2902(C)(8)|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.