Renewable Energy Property Tax Exemption (Indiana)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Indiana

Name Renewable Energy Property Tax Exemption
Incentive Type Property Tax Incentive
Applicable Sector Commercial, Industrial, Residential
Eligible Technologies Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Photovoltaics, Wind, Hydroelectric, Geothermal Electric, Geothermal Heat Pumps, Solar Pool Heating
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount Solar energy systems used for heating or cooling: out-of-pocket expenditures by the owner for the components and labor

Wind, hydroelectric, geothermal, solar thermal, solar PV, and other solar energy systems: the assessed value of the system








Start Date 2010-03-01


















Program Administrator Indiana Department of Local Government Finance
Website http://www.in.gov/oed/2379.htm
Date added to DSIRE 2000-01-01
Last DSIRE Review 2014-06-27



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


Summary

Systems that generate energy using wind, hydropower, or geothermal resources are exempt from property tax, as are solar energy heating or cooling systems*. Systems using solar power devices—including solar thermal, photovoltaic (PV), and other solar energy—are exempt from property tax only if they were installed after December 31, 2011. For most eligible renewable energy systems, the assessed value of system is exempt from property tax. One exception is solar energy heating or cooling systems, which are exempt from property tax the amount equal to the out-of-pocket expenditures for the components and labor associated with the system. The property tax exemption applies to both real property and mobile homes equipped with renewable energy systems and may only be claimed by property owners.


The property tax exemption is allowed every year that a qualifying system functions. Under H.B. 1234, renewable energy systems installed after December 31, 2014, are no longer eligible for a property tax exemption if the ownership of the property changes.


Public utilities and other electricity retailers (excluding net metered customers) may not claim a property tax exemption for wind or solar power devices.


Property owners that wish to claim this deduction must fill out Form 18865 and file it with the local county auditor. Questions about this incentive should be directed to the local auditor or assessor. Click here to find contact information for local officials. The Department of Local Government Finance outlines the incentive.


  • Solar energy heating or cooling systems include solar energy systems used for domestic hot water and space heating, including heating of swimming pools, as well as industrial pre-heating.


Incentive Contact

Contact Name Find Your Local Assessor
Department Indiana Department of Local Government Finance



Place Indianapolis, Indiana
Zip/Postal Code 46204




Website http://www.in.gov/dlgf/2440.htm
     
     

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

Authority 1: Ind. Code § 6-1.1-12-26 et seq.

Date Enacted 1975 (subsequently amended)


Authority 2: H.B. 1234
Date Effective 2014-07-01
Date Enacted 2014-03-25


















  • 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"