30 Jun '14, 3pm

How Arizona’s Property Tax Ruling Will Affect State Solar Prices

How Arizona’s Property Tax Ruling Will Affect State Solar Prices

In recent weeks, the solar industry has been focused on the Arizona Department of Revenue’s ruling that third-party-owned distributed solar will likely be subject to property taxes. This change in the interpretation of Arizona’s tax code would cost the average customer leasing a residential solar array approximately $152 per year , decreasing the economic viability of third-party-owned distributed solar. As a result, many in the industry are worried that the distributed solar market in Arizona, which was the third-largest residential market in the United States in 2013, will crater in 2014. A new analysis from GTM Research suggests that the ruling could have a material impact on Arizona’s residential solar market. GTM Research analyzes the levelized cost of electricity for photovoltaic solar on a state-by-state basis to determine where and when PV solar will reach grid par...

Full article: http://www.greentechmedia.com/articles/read/How-Arizonas-...

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