California Property Tax Exemptions For Solar Energy Systems Extended To 2025 76
New submitter DaveSmith1982 writes with word from PV Tech that A property tax exemption for solar power systems in California has been extended to 2025, following the passing of a bill as part of the annual state budget. Senate Bill 871 (SB871) was approved during the signing of the budget by governor Jerry Brown, which took place last week. The wording of SB871 extends the period during which property taxes will not be applied to "active solar energy systems," which includes PV and solar water heaters.
Re:Property Tax? (Score:4, Informative)
Yes, but you only get reassessed when you buy/sell or add livable square footage. I don't pay property tax on my tank-less water heater.
For example: They didn't reassess me when I added a garage/workshop with more square footage then my shack.
Re:Property Tax? (Score:3, Informative)
As they should, because those with the most property benefit the most from city infrastructure, police and fire services, and national defense. Our society was built upon the understanding that those who benefit the most from something should pay the most.