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1 New Paragraph; Persons and Property Liable to Taxation; Exemptions; Leased Solar Energy Systems. Amend RSA 72:23 by inserting after paragraph VII the following new paragraph:
VIII.(a) A solar energy system leased to the owner of residential real estate for the purpose of heating or otherwise supplying the energy needs of the residential property. To be eligible for the exemption, the system shall be installed on the residential property for which the energy is provided. The exemption from taxation shall apply only to the solar energy system and shall not otherwise affect the assessed value of the residential property. The exemption shall not extend to the land or any other real or personal property.
(b) In this paragraph, "solar energy system" means a 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 by the use of photovoltaic panels.
(c) The exemption under this section shall be in addition to any exemption adopted by a municipality pursuant to RSA 72:62.
2 Effective Date. This act shall take effect April 1, 2021.
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1 New Paragraph; Persons and Property Liable to Taxation; Exemptions; Leased Solar Energy Systems. Amend RSA 72:23 by inserting after paragraph VII the following new paragraph:
VIII.(a) A solar energy system leased to the owner of residential real estate for the purpose of heating or otherwise supplying the energy needs of the residential property. To be eligible for the exemption, the system shall be installed on the residential property for which the energy is provided. The exemption from taxation shall apply only to the solar energy system and shall not otherwise affect the assessed value of the residential property. The exemption shall not extend to the land or any other real or personal property.
(b) In this paragraph, "solar energy system" means a 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 by the use of photovoltaic panels.
(c) The exemption under this section shall be in addition to any exemption adopted by a municipality pursuant to RSA 72:62.
2 Effective Date. This act shall take effect April 1, 2021.