Colorado

Incentives/Policies for Renewables & Efficiency

Property Tax Exemption for Residential Renewable Energy Equipment

Last DSIRE Review: 06/19/2012

Program Overview:

State:	Colorado
Incentive Type:	Property Tax Incentive
Eligible Renewable/Other Technologies:	Photovoltaics
Applicable Sectors:	Residential
Amount:	100% exemption
Equipment Requirements:	Energy produced by the system must be used on-site
Authority 1:	CRS 39-3-102
Authority 2:	Colorado Assessors' Reference Library, Volume 5, Personal Property Manual, page 7.53

Summary:

For Colorado property taxation purposes, renewable energy systems as defined under § 40-1-102 (11), C.R.S., that are used to produce two (2) megawatts or less of electricity are classified as personal property and assessed by the county assessor.

Independently owned residential solar electric generation facilities (photovoltaic solar systems) that meet criteria listed in § 39-1-102 (6.8), C.R.S. are exempt from Colorado property taxation under 39-3-102, C.R.S. To qualify for the exemption the solar electric generation facility must be located on residential real property, used to produce electricity from solar energy primarily for use in the residential improvements, and have a production capacity of no more than one hundred kilowatts.

Contact:

Ken Beazer
Department of Local Affairs
Division of Property Taxation
1313 Sherman Street, #419
Denver, CO 80203
Phone: (303) 866-2790
E-Mail: Ken.Beazer@state.co.us
Web Site: http://www.dola.state.co.us/dpt/index.htm

Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2012 - 2013 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.