Ohio Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 07/31/2012
Program Overview:
| State: |
Ohio |
| Incentive Type: |
Property Tax Incentive |
| Eligible Renewable/Other Technologies: |
Solar Thermal Electric, Photovoltaics, Wind, Biomass, Geothermal Electric, Fuel Cells, Anaerobic Digestion, Small Hydroelectric, Fuel Cells using Renewable Fuels |
| Applicable Sectors: |
Commercial, Utility |
| Amount: | 100% exemption |
| Eligible System Size: | 250 kW or less |
| Start Date: | 01/01/2010 |
| Expiration Date: | Not set to expire |
| Web Site: |
http://development.ohio.gov/bs/bs_qepte.htm
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Authority 1:
Date Effective:
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ORC 5709.53
06/17/2010
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Summary:
Ohio's Renewable and Advanced Energy Project Property Tax Exemption, enacted with the passage of Ohio S.B. 232 in the summer of 2010, exempts qualified energy projects in Ohio from public utility tangible personal property taxes and real property taxes*. Before passage of S.B. 232, a renewable energy facility in Ohio that sold electricity to a third-party was considered a "public utility" for tax purposes.
Per Ohio Revision Code 5709.53, qualified energy systems of 250 kilowatts (kW) or less will not be subject to the payment in lieu of property tax. For qualified energy projects larger than 250 kW, see the DSIRE entry Qualified Energy Property Tax Exemption for Projects over 250 kW (Payment in Lieu) for additional details.
Energy facilities with nameplate capacity of 250 kilowatts (kW) or less (AC) are permanently exempt from public utility tangible personal property tax and real property taxes. Energy facilities are defined as interconnected solar, wind, or other tangible property used to generate electricity. Under this law, the interconnection equipment, cables, devices, and the land (limited to up to 1/2 acre per wind turbine) are also exempt. Energy facilities built after January 1, 2010 are eligible for this treatment.
Visit the Ohio Development Services Agency's web site for additional information, implementation documents and program documents.
*It should be noted that Ohio's personal property taxes for general business filers have been phased out. See the Department of Taxation Property Tax - Tangible Personal Property fact sheet on this subject. It should be also noted that public utilities are not considered "general business filers" and public utility tangible personal property is still taxed. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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