New Jersey Division of Taxation

Similar documents
CHAPTER 213. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey:

ICC Regulatory Framework for Renewable Energy Sources. Matthew L. Harvey Office of General Counsel Illinois Commerce Commission August 9, 2010

H 6062 S T A T E O F R H O D E I S L A N D

PROPOSED AMENDMENTS TO HOUSE BILL 3274

Farmland Assessment Overview

PROPOSED AMENDMENTS TO A-ENGROSSED SENATE BILL 1547

Renewable & Alternative Energy Resources: What s the difference? 2

S. ll IN THE SENATE OF THE UNITED STATES

RENEWABLE ENERGY DEVELOPMENT STATE TAX POLICIES AND INCENTIVES IMPACTING

HOUSE BILL 1186 CHAPTER. Renewable Energy Portfolio Standard Renewable Energy Credits Geothermal Heating and Cooling

Overview of renewable energy

Oregon Businesses Saving Energy

Appalachian Ohio Energy Economic Development Summit Ohio Energy Office Financial Programs

Energy in Agricultural Systems

Now, click on the word Oil (Petroleum) 2.) How is oil formed? 3.) Describe crude oil and where it is found.

Green Certificates: A look at how Green Certificates, known as Renewable Energy Credits (RECs), work in the US

Planning Considerations for Emerging Renewable Energy Technologies

RENEWABLE ENERGY RESOURCES

CHAPTER 256. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey:

Renewable Energy Sources Albania. Ministry of Energy and Industry 2016

Comparison of Renewable Portfolio Standards (RPS) Programs in PJM States

Oregon Administrative Rules. 1.5 Percent for Solar Energy in Public Building Construction Contracts

NYS DEPARTMENT OF TAXATION & FINANCE OFFICE OF REAL PROPERTY TAX SERVICES AGRICULTURAL ASSESSMENT PROGRAM UPDATE

Now, click on the word Oil (Petroleum) 2.) How is oil formed? 3.) What does the word petroleum mean? 4.) Describe crude oil and where it is found.

Vermont Department of Public Service and Vermont Department of Taxes. January 15, Authorization

SOLAR ENERGY GENERATION ON PRESERVED FARMS. This subchapter applies to the construction, installation, operation, and maintenance of

SENATE, No STATE OF NEW JERSEY 218th LEGISLATURE

Community-Based Renewable Energy

Enter information in green-shaded fields. Do not modify blue-shaded fields.

New Jersey s Clean Energy Program

Lloyd Ritter, Green Capital Jim Duffy, Nixon Peabody LLP January 25, 2016

This page intentionally left blank

SB 838: Oregon Renewable Energy Act Establishing an Oregon Renewable Energy Standard

Energy Independence Act (I-937) Conservation Report 2016

Department of Legislative Services

HOUSE BILL 332: Energy Policy Amendments

Treatment of District or Campus Thermal Energy in LEED for Existing Buildings: Operations and Maintenance

DRAFT 8/11/08. I. Renewable Portfolio Standard. (a) The Commission shall establish minimum numerical portfolio standards for each investorowned

States Use Gentle Hand in Taxing Timberland

CHAPTER 7.0 AGRICULTURAL ELEMENT

Commissioner s Standards for Classification of Agricultural or Horticultural Use

Oregon Renewable Energy Resources

Introduction to Energy Topics

Guideline for Claims of Made with Renewable Energy or Reduced Carbon Footprint Based on Power Purchase Agreement

Article 5. Electricity Generation Source Disclosure

Inyo County Renewable Energy General Plan Amendment DRAFT Programmatic Environmental Impact Report Public Comment Meeting

STATE OF NEW JERSEY THE STATE FARMLAND EVALUATION ADVISORY COMMITTEE FARMLAND ASSESSMENT ACT OF 1964

TREASURE COAST REGIONAL PLANNING COUNCIL M E M O R A N D U M. To: Council Members AGENDA ITEM 8

Regulatory Assistance Project. Emissions Performance Standards in Selected States

Implementation of the Renewable Energy and Energy Efficiency Portfolio Standard (REPS)

RENEWABLE ENERGY IN THE PACIFIC NORTHWEST

RESOLUTION. On January 16, 2011, a Right to Farm ( RTF ) Application for Hearing was

4.2.3 Regulatory Setting

SB 838: Oregon Renewable Energy Act Establishing an Oregon Renewable Energy Standard

Chapter 6:Energy & Atmosphere

France renewable energy policies

Kristin Higgins UA Division of Agriculture Public Policy Center. Renewable Energy. Portfolio Standards. The Big Picture

Position paper on Organic Greenhouse Production

Policies directed towards heating systems

The Roofing Industry Alliance for Progress

Green Certificates: A look at how Green Certificates, known as Renewable Energy Credits (RECs), work in the US

Town of Lyme Renewable Energy Law

ITEM PRICE YIELD TOTAL GROSS RETURNS OAT HAY TONS (IN FIELD) TOTAL PURCHASED PURCHASED INPUTS PRICE QUANTITY INPUTS TOTAL

REQUEST FOR PROPOSALS RENEWABLE ENERGY PURCHASE AGREEMENT AS

JEA s Renewable Program

Webinar Series for Comprehensive Plan Updates. Comprehensive Planning for Solar Energy Systems

Sustainable Energy and Efficiency Practices

Environmental Performance Data 2017

What s New at FEMP & NREL?

Renewable Energy in Sweden an Overview

Environmental Performance Data 2016

Toronto Zoo issues Request for Proposals (RFP) May 3, 2010 for the construction of a Biogas Facility May 3, Questions and Answers

California Regulations on Renewable Hydrogen and Low Carbon Technologies

Forest Management Programs for New Jersey Woodlot Owners. Mark C. Vodak, Ph.D. Rutgers Cooperative Extension 31 August, 2010

STATE OF NEW JERSEY THE STATE FARMLAND EVALUATION COMMITTEE FARMLAND ASSESSMENT ACT OF 1964

(No. 325) (Approved September 16, 2004) AN ACT

Renewable Electricity Procurement in California

Outline of the Revised Renewable Energy Act

Environmental Performance Data 2013

January 31, Meeting with town officials regarding development of the new Door County Farmland Preservation Plan

Solar in the President s 2020 Goal

Alternative Energy Portfolio Standards

House Bill 4086 Ordered by the House February 21 Including House Amendments dated February 21

Green Power Market Development Group Green Power Purchases

A Citizen s Guide to the Farm, Forest, and Open Space Act

Update on Economic Opportunities of Sustainable Food Systems

GREEN ENERGY/ GREEN DOLLARS Incentives, Equity and Debt for Renewable Energy Projects

Green Economy Incentives: CHINA

Green Tax Incentive Compendium: Federal and State Tax Incentives for Renewable Energy and Energy Efficiency

Energy Yesterday, Today, and Tomorrow

2006 Indiana Renewable Resources Study & Indiana s Baseload Resource Needs

Energy Independence Act (I-937) Conservation Report

It s All About the Dirt!

Renewable energy (RE) is any energy source that naturally replenishes and cannot be exhausted. Renewable energies include:

Facility and Efficiency Upgrades with Energy Performance Contracting

State of Minnesota HOUSE OF REPRESENTATIVES

Can Connecticut Meet Renewable Portfolio Standards and Improve Air Quality, Increase Energy Reliability, and Strengthen the Economy?

Natural Resources Support Human Activity

HOUSE OF REPRESENTATIVES

Transcription:

New Jersey Assessing Renewable Energy Systems 1

Presentation Renewable energy systems on Commercial & Residential Properties (Chap 90). Renewable energy systems on farms. (Chap 213) Solar panels on vacant land. (Real or Personal prop) Open Discussion / Questions 2

Renewable energy systems on Commercial & Residential Properties Renewable Energy Systems is defined as any equipment that is part of, or added to, a residential, commercial, industrial, or mixed use building as an accessory use, and that produces renewable energy onsite to provide all or a portion of the electrical, heating, cooling, or general energy needs of that building... 3

Renewable energy systems on commercial Properties Solar panels on golf cart storage shed 4

Renewable energy systems on residential properties Windmill on residential property 5

Renewable energy systems on residential properties Solar panel on residential property 6

Renewable energy systems on Commercial Property A biomass powered manufacturing plant 7

Renewable energy systems Non-electric solar thermal on residential property 8

Renewable energy systems Non-electric solar thermal on residential property 9

Renewable energy systems on Commercial & Residential Properties Chapter 90 includes: Solar energy, Wind energy, & Biomass* Fuel cells, Geothermal, Methane gas from landfills, Wave & Tidal action, Hydropower facility, Non-electrical solar thermal *EPA meets highest environmental standards & minimizes any impacts 10

Renewable energy systems Application for residential and commercial properties Application for Certification of Renewable Energy Systems CRES (6-4-09) Must be signed by the Property owner, Installer, Construction Official and the Assessor. Exemption effective for the tax year following the year in which the certification is granted. 11

Renewable energy systems on Commercial & Residential Properties 12

Renewable energy systems on Commercial & Residential Properties 13

Renewable energy systems on Commercial & Residential Properties. Chapter 90 states: 1. System use as an Accessory Use 2. Provide all or a portion of the electrical, heating, cooling, or general energy needs of that building" 14

Renewable energy systems on Commercial & Residential Properties. Chapter 90 allows: Revocation of certificate. 1. Obtained by fraud or misrepresentation. 2. Has failed substantially to proceed with construction. 3. Ceases to be used for primary purpose. 4. Change of equipment or design previously certified by the local enforcing agent. 15

Renewable energy systems on Commercial & Residential Properties Chapter 90 allows: Any person aggrieved by any action of the assessor may file an appeal. Any person aggrieved by any action of the local enforcing agency may seek review before the board of appeals. 16

Renewable energy systems on Commercial & Residential Properties The additional value of the improvement will be placed in the exemption field. Limited Exemption code is the code letter Y Public Law 2008, Chapter 90 is www.njleg.state.nj.us/2008/bills/pl08/90_.pdf The application is posted on our portal. 17

Renewable energy systems on Commercial & Residential Properties Recap on chapter 90: CRES form application. Accessory use Provides all or a portion of energy. Certification can be revoked. Appeal process available. Exemption Code Y 18

Renewable energy systems on farms. Chapter 213 19

Renewable energy systems on farms. Chapter 213 Includes Solar energy, Wind energy, & Biomass systems. Biomass means an agricultural crop, crop residue, or agricultural byproduct that is cultivated, harvested, or produced on the farm or directly obtained from a farm where it was cultivated, harvested, or produced, and which can be used to generate energy in a sustainable manner. 20

Renewable energy systems on farms. Chapter 213 Owner files conservation plan w/ the soil conservation district. Operated on Agri/Horticultural land that was in the preceding year & is currently part of an operating farm. The power or heat generated is to be used to heat or power the farm. 21

Renewable energy systems on farms. Chapter 213 The ratio of acreage devoted to energy generation (structure and equipment) vs. agricultural/horticultural operation does not exceed 1 to 5 acres. Structure & equipment to be installed on NO MORE than 10 acres of eligible farmland and no than 2 megawatts of power. 22

Renewable energy systems on farms. Chapter 213 No income from the sale of power or heat may be considered income towards gross sales criteria. If solar power, the property under the panels is to be used for shade crops or grazing pasture, where practical. 23

Renewable energy systems on farms. Chapter 213 Installation or operation of any energy generation system in the pinelands are subject to the Pinelands Protection Act. If energy generation is Biomass, The owner needs to obtain approvals from Agricultural Department. 24

Solar Panels on vacant land (Real or Personal property)? 25

Solar Panels on vacant land (Real or Personal property) 26

27

28

Solar Panels on vacant land (Real or Personal property) Areas to explore: What can be assessed? (3 prong injury test) Land leases 29

Solar Panels on vacant land (Real or Personal property) A. (1). The personal property so affixed can be removed or severed without material injury to the real property. (2). The personal property so affixed can be removed or severed without material injury to the personal property itself; and 30 (3). The personal property so affixed is not ordinarily intended to be affixed permanently to real property; or

Solar Panels on vacant land (Real or Personal property) Areas to explore: What can be assessed? Land leases read them carefully. 31

Open Discussion / Questions Questions Contact Jim LeBlon at 609-633-7498 or James.leblon@treas.state.nj.us DCA Div. of Code & Standards at 609-292-7899 32 For Access to MyNewJersey Portal: Contact Toni Bushelli at 609-943-4089 or Toni.Bushelli@treas.state.nj.us