Local Option - Property Tax Exemption for Renewable Energy Facilities
The State of Alabama provides abatement of property tax for qualifying renewable energy facilities in the state. Only the noneducational portion of the property tax can be abated.
Eligibility:
The Renewable Energy Facility is defined as any plant, property, or property that either produces electricity from biofuels, or from renewable energy resources, including wind, biomass, black liquor, tidal or ocean current, geothermal, solar energy, small irrigation, municipal solid waste, and hydrogen when derived or produced from some other renewable energy resource. Hydropower is exempted from the definition of an eligible resource.
Program Description:
The abatement of the property taxes is