Renewable Energy Property Tax Assessment
| Eligible States | CO |
| Type | Tax |
| Area of Interest | Renewable Energy |
| Description |
When determining the value of a renewable energy facility, the incremental value of the renewable facilities above the value of a nonrenewable electricity generation facility is disregarded, thereby reducing the assessed value for taxation. The assessment applies to renewable generators that are connected to the transmission system. Customer-sited resources are not eligible. |
| Eligible Organizations | Livestock Producer, Commercial/Industrial Business, Small Business, and Other Entities that Pay Property Taxes |
| How to Apply | An owner or operator of a renewable energy facility needs to provide a copy of the facility's current power purchase agreement to the current Property Tax Administrator by April 1 of each assessment year. |
| For More Information | http://www.colorado.gov/cs/Satellite/DOLA-Main/CBON/1251590826400 |
| Primary Contact | Deb Myer Department of Local Affairs Division of Property Taxation 1313 Sherman Street, #419 Denver, CO 80203 (303) 866-2682 deb.myer@state.co.us |
