Colorado Property Tax Exemption for Renewable Energy Systems

Colorado enacted legislation in April 2007 (SB 145) to authorize counties and municipalities to offer property or sales tax rebates or credits to residential and commercial property owners who install renewable energy systems on their property. HB 1126 of May 2009 added solar thermal (non-electric) systems to the list of renewable energy equipment eligible for the property tax exemption.

State: Colorado
Incentive Type: Property Tax Incentive
Eligible Renewable/Other Technologies: Solar Water Heat, Solar Thermal Electric, Photovoltaics, Wind, Biomass, Geothermal Electric, Other Renewables (not specified)
Applicable Sectors: Commercial, Industrial, Residential, General Public/Consumer, Agricultural
Amount: Varies (local option)
Maximum Incentive: Varies (local option)
Start Date: 8/3/2007
Expiration Date: 7/1/2017
Authority 1:
Date Enacted:
Date Effective:
CRS § 30-11-107.3
4/16/2007
8/3/2007
Authority 2:
Date Enacted:
Date Effective:
CRS § 31-20-101.3
4/16/2007 (subsequently amended)
8/3/2007
Authority 3:
Date Enacted:
Date Effective:
Expiration Date:
HB 1126
5/15/2009
7/1/2009
7/1/2017

Eligible renewable energy property is defined as “any fixture, product, system, device or interacting group of devices that produce electricity from renewable resources, including, but not limited to, photovoltaic systems, solar thermal systems, small wind systems, biomass systems, or geothermal systems.”

The program would be administered at the local level by individual cities and counties. Individuals should contact the cities or counties where their property is located to see if a tax rebate or credit will be established in their community.

Web sites for many Colorado cities can be found at the Colorado Municipal League website, www.cml.org.

Web sites for Colorado counties can be found at the Colorado Counties, Inc. web site, www.ccionline.org.

Source: www.DsireUSA.org

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