Puerto Rico - Property Tax Exemption for Solar and Renewable Energy Equipment

December 04, 2023

Summary

Puerto Rico provides a property tax exemption for all "solar powered material, equipment or accessory and renewable energy collection, storage, generation, distribution, and application equipment." Renewable energy is defined per Ley 325-2004: solar, wind, hydro, biomass, ocean thermal, wave, tidal and other energy "whose use is clean, reliable, safe and sustainable."

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Puerto Rico
Incentive Type:	Property Tax Incentive
Web Site:
Administrator:	Energy Affairs Administration
Start Date:	8/20/2008
Eligible Renewable/Other Technologies:	Solar - Passive Solar Water Heat Solar Space Heat Solar Photovoltaics Wind (All) Biomass Hydroelectric Tidal Wave Ocean Thermal Solar Pool Heating Wind (Small) Lithium-ion
Incentive Amount:	100% exemption from property taxes

Incentives

This program has 1 incentives

Technologies:	Solar - Passive, Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Tidal, Wave, Ocean Thermal, Solar Pool Heating, Wind (Small)
Sectors:	Commercial, Industrial, Residential, Agricultural
Parameters:	The incentive is 100.00 %

Authorities

Name:

21 L.P.R.A. § 5151 (Sub. 7, Ch. 247)

Name:	Ley Núm. 248-2008
Effective Date:	8/20/2008

Contact

Name:	Autoridad de Energía Eléctrica (AEE)
Address:	PO Box 364267 San Juan PR 00936
Phone:	(787) 521-3434
Email:	info@prepa.pr.gov

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.