Printer Friendly Document - State Incentives

Renewable Energy Systems Property Tax Exemption

Incentive Type
 Property Tax Exemption
State
 Texas
Eligible Renewable Tech.


 Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Storage Technologies, Solar Pool Heating, Anaerobic Digestion 
Applicable Sectors
Commercial, Industrial, Residential 
Amount
 100%
Max Limit
 None
Website

 http://www.seco.cpa.state.tx.us/
re_incentives-taxcode-statutes.htm 
Authority 1
Texas Tax Code § 11.27 
Date Enacted
1981 
Authority 2
 Exemption Handbook



Summary:
The Texas property tax code allows an exemption of the amount of the appraised property value that arises from the installation or construction of a solar or wind-powered energy device that is primarily for the production and distribution of thermal, mechanical, or electrical energy for on-site use, or devices used to store that energy. "Solar" is broadly defined to include a range of biomass technologies.  
 
"Solar energy device" means an apparatus designed or adapted to convert the radiant energy from the sun, including energy imparted to plants through photosynthesis employing the bioconversion processes of anaerobic digestion, gasification, pyrolysis, or fermentation, but not including direct combustion, into thermal, mechanical, or electrical energy; to store the converted energy, either in the form to which originally converted or another form; or to distribute radiant solar energy or the energy to which the radiant solar energy is converted.  
 
"Wind-powered energy device" means an apparatus designed or adapted to convert the energy available in the wind into thermal, mechanical, or electrical energy; to store the converted energy, either in the form to which originally converted or another form; or to distribute the converted energy.  
 
Those wishing to claim this exemption must fill out Form 50-123, “Exemption Application for Solar or Wind-Powered Energy Devices”.




Contact: 
Taxpayer Assistance - Renewable Energy Property Tax Exemption
Comptroller of Public Accounts 
Tax Policy Division - Property Tax
Post Office Box 13528, Capitol Station 
Austin , TX 78711-3528 
Phone: (800) 531-5441 Ext.5-9806
Phone 2: (512) 305-9806
E-Mail: tax.help@cpa.state.tx.us
Web Site: http://www.window.state.tx.us/

For more questions, please visit our website at: www.NovastarEnergy.com
Or call us, at: 210-853-5330