Legislation. Stability for solar + storage

The State: California

The Legislation: SB 364 (2020 | CA)

How does this bill provide stability for solar + storage?

• exempts nonresidential active solar energy system constructed or installed prior to January 1, 2025, from taxation until there is a subsequent change in ownership of the nonresidential active solar energy system
• exempts nonresidential active solar energy systems from taxation on and after January 1, 2025, until there is a subsequent change in ownership

SEIA | California Legislature Continues Clean Energy Leadership with Latest Vote