(b) This section does not apply to a solar power device that is owned or operated by a person that provides electricity at wholesale or retail for consideration other than a person that:(1) participates in a net metering or feed-in-tariff program offered by an electric utility with respect to the solar power device; or(2) is the owner or host of the solar power device site and a person consumes on the site the equivalent amount of electricity that is generated by the solar power device on an annual basis even if the electricity is sold to a public utility, including a solar power device directly serving a public utility's business operations site.(c) For purposes of this section, 'solar power device' means a device, such as a solar thermal, a photovoltaic, or other solar energy system, that is designed to use the radiant light or heat from the sun to produce electricity.(d) The owner of real property equipped with a solar power device that is assessed as a real property improvement may have deducted annually from the assessed value of the real property an amount equal to:(1) wner of real property equipped with a solar power device that is assessed as a real property improvement may have deducted annually from the assessed value of the real property an amount equal to:(1) the assessed value of the real property with the solar power device included; minus(2) the assessed value of the real property without the solar power device.(e) The owner of a solar power device that is assessed as:(1) distributable property under IC 6-1.1-8; or(2) personal property;may have deducted annually the assessed value of the solar power device.As added by P.L.137-2012, SEC.15.
Indiana Legal Code