23 Jun '14, 10am

solar

California's governor Jerry Brown (pictured) was applauded for signing the bill exempting active solar power systems from prporty tax by SEIA chief Rhone Resch. A property tax exemption for solar power systems in California has been extended to 2025, following the passing of a bill as part of the annual state budget. Senate Bill 871 (SB871) was approved during the signing of the budget by governor Jerry Brown, which took place last week. The wording of SB871 extends the period during which property taxes will not be applied to "active solar energy systems", which includes PV and solar water heaters. This exclusion period was originally set to run until the end of 2016 – it will now last until 1 January 2025. The issue of whether or not property taxes could be applied on solar power systems, according to the perceived value added to the property they are installed at, has r...

Full article: http://www.pv-tech.org/news/california_property_tax_exemp...

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