Arizona Statutes

§ 42-12056 — Renewable energy systems valuation; definition

Arizona·Title 42 Arizona Revised Statutes·Ch. 12 PROPERTY CLASSIFICATION·Art. 2 Rules and Procedures
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.

Free access — add to your briefcase to read the full text and ask questions with AI

Arizona § 42-12056 (Renewable energy systems valuation; definition) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗