Property tax exemption for renewable energy installations
Friday, December 4, 2009
Home improvements like adding a room or upgrading a bathroom or bathroom often mean increased property taxes, as the improvements add value to the property and thus the tax assessment increases. However, with the states and local governments’ emphasis on encouraging home owners to derive part or all of their energy need from renewable sources, most states have made renewable energy installations like home solar power systems, wind and geothermal power installations tax exempt for up to 5 years.
For more information on individual state property tax exemptions, check out this website: www.dsireusa.org

