Renewable Energy Systems Property Tax Exemption (Texas)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Texas

Name Renewable Energy Systems Property Tax Exemption
Incentive Type Property Tax Incentive
Applicable Sector Commercial, Industrial, Residential
Eligible Technologies Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Solar Pool Heating, Anaerobic Digestion, Energy Storage
Active Incentive Yes

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




Eligible System Size None specified, but the system must be used primarily for on-site energy needs





















Program Administrator Comptroller of Public Accounts
Website http://seco.cpa.state.tx.us/re/incentives-taxcode-statutes.php
Date added to DSIRE 2000-01-01
Last DSIRE Review 2014-08-08



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


Summary

The Texas property tax code allows an exemption of the amount of 100% of the appraised property value increase arising from the installation or construction of a solar or wind-powered energy device that is primarily for the production and distribution of thermal, mechanical, or electrical energy for on-site use and devices used to store that energy.


Solar energy devices installed or constructed on or after January 1, 2014, used for a commercial purpose are subject to the cost method of appraisal, and the depreciated value must be calculated using a useful life of 10 years or less (H.B. 2500).


Eligible Technologies


"Solar" is broadly defined and includes a range of biomass technologies. "Solar energy device" means an apparatus designed or adapted to convert the radiant energy from the sun, including energy imparted to plants through photosynthesis employing the bio-conversion processes of anaerobic digestion, gasification, pyrolysis, or fermentation, but not including direct combustion, into thermal, mechanical, or electrical energy; to store the converted energy, either in the form to which originally converted or another form; or to distribute radiant solar energy or the energy to which the radiant solar energy is converted.


"Wind-powered energy device" means an apparatus designed or adapted to convert the energy available in the wind into thermal, mechanical, or electrical energy; to store the converted energy, either in the form to which originally converted or another form; or to distribute the converted energy.


Process


Those wishing to claim this exemption must fill out Form 50-123, “Exemption Application for Solar or Wind-Powered Energy Devices.”


Incentive Contact

Contact Name Taxpayer Assistance - Renewable Energy Property Tax Exemption
Department Comptroller of Public Accounts
Division Tax Policy Division - Property Tax
Address Post Office Box 13528, Capitol Station

Place Austin, Texas
Zip/Postal Code 78711-3528
Phone (800) 252-9121


Email tax.help@cpa.state.tx.us
Website http://www.window.state.tx.us/
     
     

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

Authority 1: Texas Tax Code § 11.27

Date Enacted 1981


Authority 2: Texas Tax Code § 23.26
Date Effective 2014-01-01
Date Enacted 2013-06-14


















  • 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"