Renewable Energy Property Tax Exemption
| Program Type | Property Tax Exemption |
|---|---|
| Technologies | Photovoltaics, Solar Hot Water Heating, other renewables |
| Amount | Dependent on municipality |
| Required Documentation | Form PA-29 |
| Official Web Site | http://nh.gov/oep/programs/energy/RenewableEnergyIncentives.htm |
New Hampshire allows cities and towns to exempt renewable energy installations from local property taxes. Among these are PV, solar thermal, wind and central wood-fired heating systems, not including stoves or fireplaces. The property tax exemption excludes the value of the solar energy system from being included in the value of the property when it comes to taxation at the state level.
According to New Hampshire, 84 cities and towns have adopted at least one renewable energy property tax exemption. The exemptions are made based on data received from towns through its “annual municipal land use regulation database survey.” If people live in a city or town that offers such an exemption, people can qualify for the exemption by completing the Department of Revenue Administration’s Form PA-29.
While the state said interested parties should consult with local officials to find out about the status of local tax exemptions, it warns that some officials may not be aware that the municipality offers such exemptions (the law was enacted 30 years ago).
The state also offers help to those seeking to enact such an exemption through its procedures for adopting local property tax exemptions and sample warrant articles.
