Local Option - Property Tax Exemption for Renewable Energy Systems

Last updated: June 25, 2020

Program Overview

Implementing Sector:State
Category:Financial Incentive
State:Colorado
Incentive Type:Property Tax Incentive
Administrator:Department of Local Affairs, Local Governments
Start Date:08/03/2007
Expiration Date:07/01/2017
Eligible Renewable/Other Technologies:Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Wind (All), Biomass, Geothermal Heat Pumps, Wind (Small)
Incentive Amount:Varies (local option)
Maximum Incentive:Varies (local option)

Authorities

Name:CRS § 30-11-107.3
Effective Date:8/3/2007
Name:CRS § 31-20-101.3
Date Enacted:Subsequently amended
Effective Date:8/3/2007

Summary

Local Option - Property Tax Exemption for Renewable Energy Systems

Colorado enacted S.B. 07-145 in April 2007, authorizing 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. 

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 incentive is 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 has been established in their community.

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

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

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