Commercial Solar Property Tax Exemption
The following property tax exemptions for solar facilities are available in Virginia:
100% property tax exemption for the assessed value of equipment and facilities used in:
- Projects equaling 20 MW or less that serve a public institution of higher education or private college.
- Projects equaling 5 MW or less.
80% property tax exemption for the assessed value of equipment and facilities used in:
- Other projects over 5 MW and less than 150 MW. The exemption for projects greater than 20 MW shall not apply to projects upon which the construction begins after January 1, 2024.
The law broadly defines eligible solar
- Read more about Commercial Solar Property Tax Exemption
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