Section 487 of the Real Property Tax Law provides for a real
property tax exemption for a solar or wind energy system or a farm
waste energy system in accordance with the provisions of § 487
to the extent of any increase in value of the real property due to
the improvement thereof by such systems.
The terms "solar energy systems," "roof-mounted solar energy
system." "small-scale ground-mounted solar energy system" and "large-scale
ground-mounted solar energy system" shall have the same meanings,
respectively, as set forth at Town Code § 85-44C.
An owner of real property upon which is constructed a solar
energy system, which has been approved in accordance with Town Code
§ 85-44 and complies with the provisions of Real Property Tax
Law § 487, is entitled to the fifteen-year exemption provided
by § 487, Subdivision 2, of the Real Property Tax Law.