New Hampshire

Incentives/Policies for Renewables & Efficiency

Local Option - Property Tax Exemption for Renewable Energy

Last DSIRE Review: 07/24/2012

Program Overview:

State:	New Hampshire
Incentive Type:	Property Tax Incentive
Eligible Renewable/Other Technologies:	Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Biomass
Applicable Sectors:	Commercial, Residential, Multi-Family Residential, Agricultural
Amount:	Varies (local option)
Start Date:	1/1/1976
Web Site:	http://nh.gov/oep/programs/energy/RenewableEnergyIncentives.htm
Authority 1: Date Enacted: Date Effective:	New Hampshire Statutes, Chapter 72:61 et seq. 1975 (subsequently amended) 1/1/1976

Summary:

New Hampshire allows cities and towns to offer an exemption from residential property taxes in the amount of the assessed value of a solar energy system, wind energy system, or wood-fired central heating system used on the property. A solar energy system is defined as a photovoltaic (PV) system or a system that "utilizes solar energy to heat or cool the interior of a building or to heat water for use in a building" and that includes one or more collectors and a storage container. Stoves and fireplaces do not qualify.

Cities and towns may adopt an exemption provision separately for each energy source. As of July 2012, 85 cities and towns in New Hampshire have adopted a property tax exemption for one or more of these energy sources. (Visit the web site above for a current list of cities and towns that offer this exemption.) Contact your local tax collector or assessor for more information.

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.

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