§ 6-1.1-12-26.1 — Solar power devices

Indiana § 6-1.1-12-26.1

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 12: Assessed Value Deductions and Deduction Procedures

Text

1. (a) This section applies only to a solar
power device that is installed after December 31, 2011.
(b) This section does not apply to a solar power device that is owned
or operated by a person that provides electricity at wholesale or retail
for consideration other than a person that:
(1) participates in a net metering or feed-in-tariff program offered
by an electric utility with respect to the solar power device; or
(2) is the owner or host of the solar power device site and a person
consumes on the site the equivalent amount of electricity that is
generated by the solar power device on an annual basis even if the
electricity is sold to a public utility, including a solar power
device directly serving a public utility's business operations site.
(c) For purposes of this section, "solar power device" means a
device, such as a solar thermal, a photovoltaic, or other solar energy
system, that is designed to use the radiant light or heat from the sun to
produce electricity.
(d) The owner of real property equipped with a solar power device
that is assessed as a real property improvement may have deducted
annually from the assessed value of the real property an amount equal
to:
(1) the assessed value of the real property with the solar power
device included; minus
(2) the assessed value of the real property without the solar power
device.
(e) The owner of a solar power device that is assessed as:
(1) distributable property under IC 6-1.1-8; or
(2) personal property;
may have deducted annually the assessed value of the solar power
device.
(f) This section applies only to property taxes imposed for an
assessment date before January 1, 2025.
(g) This section expires January 1, 2027.

Legislative History

As added by P.L.137-2012, SEC.15. Amended by P.L.68-2025, SEC.35.