Posted inNews / Politics / Solar / Tax / USA Empire

Why they taxing solar industry

SolarCity Corp. and Sunrun Inc. filed a lawsuit Monday against the state Department of Revenue alleging that the department’s interpretation of a state law to mean that Arizonans who lease solar panels aren’t eligible for tax exemptions granted to those who own them is illegal. This tax on leased solar panels would result in $152 extra in property taxes for the first year of a homeowner’s leased $34,000 solar-panel array, a charge that would decrease each year as the value of the array goes down. For larger, commercial arrays, the taxes will be higher — a leased 80-kilowatt, $360,000 system would carry a $1,615 charge its first year, and a 250-kilowatt system would be charged $4,485.

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