| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Puerto Rico |
| Incentive Type: | Property Tax Incentive |
| Administrator: | Energy Affairs Administration |
| Start Date: | 08/20/2008 |
| 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) |
| Name: | 21 L.P.R. § 5151 |
| Name: | C3268 Law 248 (2008) |
| Effective Date: | 8/20/2008 |
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 Law 325, enacted in September 2004 as: solar, wind, hydro, biomass, ocean thermal, wave, tidal and other energy "whose use is clean, reliable, safe and sustainable."
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
