Solar Exemption Tax Code Section 11.27
- Owners who have a solar panel on their residential property may qualify for a solar exemption.
- The panels should be on the property as of January 1st to qualify for that tax year.
- Owners can submit a 1-time application with a copy of the cost & installation receipts.
- The exemption amount will be based on that amount.
- Once approved there is no need to re-apply.
- The application must be submitted between January 1 - April 30.
- There is NO late filing provision. Application must be submitted by the deadline.
- Solar panels are not taxed. If the exemption is approved, the solar panel value is added to the property and then made exempt.
- The application is available here: https://www.wcad.org/forms-and-applications/
Filing Requirements:
- January 1st
Owner – Must file completed application between Jan 1st and no
later than April 30th of that tax year
- NO
LATE FILING PROVISION
- ONE
TIME APPLICATION REQUIRED
OWNER
QUALIFICATIONS:
- Must
own property January 1st of the year the exemption is being
sought
PROPERTY
QUALIFICATIONS:
- Must
have installed or constructed solar or wind-powered energy device
primarily used for production and distribution of energy for on-site use
as of January 1st of the year the exemption is being sought
EXEMPTION AMOUNT
- Exemption
amount equals the amount of appraised value of the property that arises
from the installation or construction of the solar or wind-powered energy
device
- Determined
by using the cost of Installation or construction of the solar or wind
Powered Device
DOCUMENTATION NEEDED
WITH APPLICATION:
- Invoice
showing Total Cost of Installation and Construction of the Solar Device
(Total System Cost)
- Photos
of the Solar Device