2013 Arizona Revised Statutes
Title 42 - Taxation
§ 42-12056 Renewable energy systems valuation; definition

AZ Rev Stat § 42-12056 (through 1st Reg Sess 51st Leg. 2013) What's This?

42-12056. Renewable energy systems valuation; definition

A. For properties subject to this chapter and that are class three as defined in section 42-12003 or class four as defined in section 42-12004, renewable energy systems and any other device or system designed primarily for the production of renewable energy in which the majority of the energy is consumed on-site, are considered to add no value to the property.

B. For the purposes of this section, " renewable energy systems" means electric generation systems and electric transmission and distribution that is used or useful for the generation, storage, transmission or distribution of electric power, energy or fuel derived from solar, wind or other nonpetroleum renewable sources, including materials and supplies.

Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.