Implementing Sector | State |
Category | Financial Incentive |
State | Alaska |
Incentive Type | Property Tax Incentive |
Eligible Renewable/Other Technologies | Solar Water Heat, Solar Space Heat, Solar Photovoltaics, Wind (All), Biomass, Wind (Small), Hydroelectric (Small), Other Distributed Generation Technologies |
Applicable Sectors | Residential |
Incentive Amount | Varies (local option) |
Maximum Incentive | Varies (local option) |
Alaska, in a legislative move of June 2010, empowered municipalities to enact ordinances granting tax exemptions to residential renewable energy systems. These systems, encompassing wind, hydro, and solar technologies, utilize energy sources beyond fossil or nuclear fuels. This measure aims to incentivize the adoption of sustainable energy practices within residential communities, fostering environmental stewardship and energy diversification.
Name | Alaska Statutes 29.45.050 |
Date Enacted | 6/16/2010 |