Last Updated December 4, 2023
Program Overview
Category:
Financial Incentive
State:
Puerto Rico
Incentive Type:
Property Tax Incentive
Administrator:
Energy Affairs Administration
Start Date:
08/20/2008
Expiration Date:
N/A
Web Site:
N/A
Applicable Sectors:
Commercial, Industrial, Residential, Agricultural
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)
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."