AZ – Property Tax Assessment for Renewable Energy Equipment Incentive

Title: Property Tax Assessment for Renewable Energy Equipment Incentive in Arizona

Program Details:

The Property Tax Assessment for Renewable Energy Equipment Incentive was put in place for utilities which install: Biomass, Solar Thermal Electric, Photovoltaics, Wind, Other non-petroleum renewable sources and Hydroelectric. The incentive allows the company to assess the renewable equipment at 20% of its depreciated value. The incentive was established by the following Arizona legislation: A.R.S. § 42-14155 . For more details visit the following link:

http://www.azleg.gov/legtext/47leg/2r/bills/hb2429s.pdf

Contact for more information:

Tax Assistance
Arizona Department of Revenue
1600 W. Monroe
Phoenix, AZ 85007-2650
Phone: (602) 255-3381
Phone 2: (800) 352-4090
Web Site: http://www.revenue.state.az.us/

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