[Adopted 1-11-1978 (Ch. 10, Art. III, of the 1981 Code)]
As used in this article, the following terms shall have the meanings indicated:
SOLAR ENERGY HEATING OR COOLING SYSTEM
Equipment, including windmills and water wheels, which provides for the collection, transfer, storage and use of incident solar energy for water heating, space heating or cooling which absent such solar energy system would require a conventional energy resource, such as petroleum products, natural gas or electricity, and which meets standards established by regulation by the Secretary of the Office of Policy and Management.
In addition to other tax exemptions provided by law, the Town hereby authorizes a property tax exemption for any building or addition to a building as provided in this article.
Any building or addition to a building, the construction of which is commenced on or after October 1, 1976, and before October 1, 1991, which is equipped with a solar energy heating or cooling system, shall be exempt from taxation to the extent of the amount by which the assessed valuation of such real property equipped with such solar heating or cooling system exceeds the assessed valuation of such real property equipped with the conventional portion of the heating or cooling system, exclusive of any portion of such system related to solar energy, provided that this exemption shall only apply to the first 15 assessment years following construction of such building or addition.
[1]
Editor's Note: Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. II).
Any person who desires to claim the exemption provided in this article shall file with the Assessor, within 30 days following the first assessment date and the annual assessment date thereafter, written application claiming such exemption on a form as prescribed by the Assessor. Failure to file such application each year in said manner and form within the time limit prescribed shall constitute a waiver of the right to such exemption for that assessment year.
Any such solar energy system, wind power system, or water power system should be constructed in accordance with applicable building codes and zoning regulations and appropriate permits obtained where necessary before any such exemption shall be granted.[1]
[1]
Editor's Note: See Ch. 27, Building Construction, and Ch. 240, Zoning Regulations.