Showing posts with label SB 871. Show all posts
Showing posts with label SB 871. Show all posts

June 30, 2014

California Property Tax Exemptions for PV Systems Extended to 2025

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.