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Arizona reduces the property tax burden for facilities that sell renewable energy.
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Arizona
Property Tax Assessment
In July 2008, Arizona extended until 2040 a property tax provision that values renewable energy equipment at 20 percent of its depreciated cost for the purpose of determining property tax. Renewable energy equipment is defined as electric generation facilities, electric transmission, electric distribution, gas distribution, or combination gas and electric transmission, distribution and transmission, and distribution cooperative property. This reduction is only valid for those properties where the energy generated is not intended for self consumption.
For More Information
Contact:
Tax Assistance
Arizona Department of Revenue
1600 W. Monroe
Phoenix, AZ 85007
602-255-3381
Fax: 907-771-3942
Web site: http://www.revenue.state.az.us  |
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