Solar Energy Exemptions

The Town of Hopkinton has a Solar Energy Systems Exemption. If qualified, an exemption of an amount equal to the assessed value of the solar heating or cooling system or $10,000.00, whichever is smaller, will be deducted from your assessed valuation. Applications are taken until April 15th (after the final tax bill in December of the previous year).

Eligibility Requirements

Applicant must submit proof of the cost of the solar heating or cooling system along with a completed PA-29 application form.

Title V

Taxation

Chapter 72

Persons and Property Liable to Taxation

Solar Energy Systems Exemption

Section 72:61

72:61 Definition of Solar Energy Systems. – In this subdivision "solar energy system" means a system which utilizes solar energy to heat or cool the interior of a building or to heat water for use in a building and which includes one or more collectors and a storage container. "Solar energy system" also means a system which provides electricity for a building by the use of photovoltaic panels.

Source. 1975, 391:1. 1993, 93:1, eff. April 1, 1993.

Chapter 72

Persons and Property Liable to Taxation

Solar Energy Systems Exemption

Section 72:62

72:62 Exemption for Solar Energy Systems. – Each city and town may adopt under RSA 72:27-a an exemption from the assessed value, for property tax purposes, for persons owning real property which is equipped with a solar energy system as defined in RSA 72:61.

Source. 1975, 391:1. 1991, 70:26. 1993, 93:2, eff. April 1, 1993. 2003, 299:17, eff. April 1, 2003.