[Adopted 9-6-1977]
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 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.
As used in this article, the following terms
shall have the meanings indicated:
Equipment, including windmills and waterwheels, 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.[1]
Any person who desires to claim the exemption
provided in this article shall file with the Assessor, within 30 days
following the annual assessment date, written application claiming
such exemption on a form as prescribed by the Commissioner of Revenue
Services. Failure to file such application in said manner and form
within the time limit prescribed shall constitute a waiver of the
right to such exemption for the assessment year.
At all times this article shall supersede all
existing ordinances, orders, rules and regulations insofar as the
latter may be inconsistent therewith.
