Local Option – Property Tax Exemption for Renewable Energy and Electrical Energy Storage

Program Overview

Implementing Sector State
Category Financial Incentive
State New Hampshire
Incentive Type Property Tax Incentive
Web Site Property Tax Incentive - NH RSA 72:61
Administrator Office of Energy and Planning
Start Date 01/01/1976
Eligible Renewable/Other Technologies Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Wind (All), Biomass, Wind (Small)
Eligible Storage Technologies Lithium-ion
Applicable Sectors Commercial, Residential, Agricultural, Multifamily Residential
Incentive Amount Varies (local option)

Summary

New Hampshire allows cities and towns to offer an exemption from local property taxes for the assessed value of a solar energy system, electrical energy storage system, wind energy system, or wood-fired central heating system used on the property. A solar energy system is defined as a photovoltaic (PV) system or a system that “utilizes solar energy to heat or cool the interior of a building or to heat water for use in a building” and that includes one or more collectors and a storage container. Stoves and fireplaces do not qualify.

Cities and towns may adopt an exemption provision separately for each energy source. As of September 2021, 135 cities and towns in New Hampshire have adopted a property tax exemption for one or more of these energy sources. Visit the website above for a current list of cities and towns that offer this exemption. Contact your local tax collector or assessor for more information.

Authorities

Name New Hampshire Statutes, Chapter 72:61 et seq.
Date Enacted 1975 (subsequently amended)
Effective Date 1/1/1976