| Program | U.S. Virgin Islands Property Tax Incentive |
|---|---|
| Category | Financial Incentive |
| Implementing sector | State |
| Last Update | |
| State | Virgin Islands |
| Website | https://ltg.gov.vi/press-release/property-tax-credits-deadline-for-new-homeowne… |
| Technologies | Solar - Passive, Solar Photovoltaics |
| Sectors | Residential |
AB 7586 (The FIT Act) establishes that renewable energy system must be counted as personal/chattel property instead of real property for tax purposes. Renewable energy systems do, however, count as real property for insurance purposes.