Subscribe free to our newsletters via your
  Solar Energy News  




Subscribe free to our newsletters via your




















SOLAR DAILY
Solar Toolkit Developed to Help Municipalities Advance Solar Projects
by Staff Writers
Albany, NY (SPX) Jul 24, 2017


As a method to promote the installation of clean energy, Section 487 of the Real Property Tax Law exempts the added assessment value of renewable energy projects, including solar photovoltaic (PV) systems, from local property taxes for 15 years. The law allows any taxing jurisdiction to "opt-out" of the tax exemption, which would then makes the PV system fully taxable.

The New York State Energy Research and Development Authority (NYSERDA) has developed a Solar PILOT Toolkit to assist the state's municipalities in understanding and negotiating payment-in-lieu-of taxes (PILOT) agreements for solar projects larger than 1 MW, including community solar projects. Based on feedback from local government officials and solar industry representatives, NYSERDA developed the toolkit in response to the need for greater information on PILOT agreements as solar projects develop throughout the state.

The Solar PILOT Toolkit provides a framework for local taxing jurisdictions to negotiate payment agreements with solar developers. In addition to their clean energy and job-creation benefits, solar developments can yield significant financial value to municipalities through PILOT agreement payments.

The toolkit addresses the lack of information on property tax issues around solar development and is designed to enable municipalities to work with developers to negotiate PILOT rates that benefit the community and make the projects financially attractive to developers and their customers.

"The Solar PILOT Toolkit will serve as a vital resource to help municipalities encourage the development of community solar projects and make sure they benefit the entire community," Alicia Barton, President and CEO, NYSERDA said. "Large-scale solar projects provide a great opportunity for communities across the state to take advantage of clean, renewable energy while advancing Governor Cuomo's Reforming the Energy Vision strategy."

New York State is undertaking significant changes in the way it generates and delivers electricity. As one example, community solar projects allow electric customers who are not able to install solar panels on their properties to own or subscribe to a portion of a community solar project, and benefit from the cost savings of clean generation.

As a method to promote the installation of clean energy, Section 487 of the Real Property Tax Law exempts the added assessment value of renewable energy projects, including solar photovoltaic (PV) systems, from local property taxes for 15 years. The law allows any taxing jurisdiction to "opt-out" of the tax exemption, which would then makes the PV system fully taxable.

The Toolkit offers guidance to counties, towns and school districts on the structure of a PILOT agreement as an alternative solution for community solar participants and developers in municipalities that opt-out of the tax exemption. It also includes templates for a single jurisdiction or multiple jurisdictions that municipalities can tailor to meet their needs in working with developers to negotiate an agreement.

The Toolkit is comprised of three elements: a model resolution to guide municipalities in exercising their legal authority to adopt a PILOT; a sample agreement that jurisdictions may use to draft an agreement with developers; and a PILOT Calculator with two options that offer guidance on methods to collect revenue.

For additional information and guidance about adopting solar in local communities, local officials can contact the NY-Sun team at its contact page to identify opportunities, mitigate barriers, and learn about training, education and technical assistance opportunities.

+ The toolkit can be found on the NYSERDA website.

+ NYSERDA will hold a webinar for local government officials and tax assessors to discuss the Toolkit on Tuesday, July 25, 2017 at 2 p.m. To register, visit the PILOT Toolkit website or send an email to solarhelp@nyserda.ny.gov

SOLAR DAILY
India's ageing trains get green makeover with solar panels
New Delhi (AFP) July 19, 2017
India has added solar panels to the roof of a train in a national first as it tries to reduce its massive carbon footprint and modernise its vast colonial-era rail network. The lighting, fans and information displays inside the train - once powered by diesel - will run off the sun's energy after the panels were fitted to the carriage. The train has begun journeys around the capital Ne ... read more

Related Links
New York State Energy Research and Development Authority
All About Solar Energy at SolarDaily.com

Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SOLAR DAILY
Fungi that evolved to eat wood offer new biomass conversion tool

How enzymes produce hydrogen

New biofuel technology significantly cuts production time

Solving a sweet problem for renewable biofuels and chemicals

SOLAR DAILY
Australia's robo-footballers go for gold at world champs

A robot that grows

Stanford researchers develop a new type of soft, growing robot

Rovers drive through Tenerife darkness

SOLAR DAILY
ABB wins $30 million order to support integration of offshore wind energy in the UK

GE's renewables not enough to boost overall revenue

Unbalanced wind farm planning exacerbates fluctuations

Algeria seen as African leader for renewable energy

SOLAR DAILY
Cartel probe looms over German car industry

Audi voluntarily recalls up to 850,000 diesel vehicles

World gears up for electric cars despite bumps in road

UK to ban sale of petrol and diesel cars by 2040

SOLAR DAILY
New chromium-based superconductor has an unusual electronic state

Molecular microscopy illuminates molecular motor motion

High-temperature superconductivity in B-doped Q-carbon

First direct observation and measurement of ultra-fast moving vortices in superconductors

SOLAR DAILY
Underwater robot probes inside Fukushima reactor

Finland's TVO claims partial win in Areva nuclear dispute

Laser-Armed Nuclear Icebreakers: What Russia Has in Store for Arctic

Britain must leave EU nuclear body: Verhofstadt

SOLAR DAILY
Sparkling springs aid quest for underground heat energy sources

Google's 'moonshot' factory spins off geothermal unit

Fighting global warming and climate change requires a broad energy portfolio

Low-carbon trajectory is the only option, European leaders say

SOLAR DAILY
Paying farmers not to cut down trees in Uganda helps fight climate change

Eucalyptus gets the chop after deadly Portugal forest fires

Amazon Makes Its Own Rainy Season

EU hauls Poland to top court over ancient forest logging




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement