Solar & Wind Exemption
Exemption Information
The Solar energy systems exemption (solar) is available to residential, commercial, and industrial properties. The exemption is for properties with a solar energy system which utilizes solar energy to heat or cool the interior of a building, or to heat water for use in a building and which includes one or more collectors and a storage container. Solar energy system also means a system which provides electricity for a building using photovoltaic panels.
The property tax exemption shall be in the amount equal to 100% of the actual assessed value of the qualifying equipment as defined in RSA 71:61, I.
Qualifications
- The applicant is the owner of the property on April 1st of application year.
- The applicant must own the real estate which is equipped with a solar energy system.
- The exemption does not apply to those properties that generate electricity for resale.
- The solar energy system must be installed and operational as of April 1st of application year.
Submitting an Application
- New applications must be submitted between January 1st and April 15th.
- Complete a Permanent Application for Property Tax Credit/Exemptions (PA-29) form.
- If the property is in a Trust, complete a Statement of Qualifications (PA-33) form and provide a copy of the Trust.