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Adler-Smith Bill To Exempt Renewable Energy Systems From Property Taxes Approved In Senate

Senator John Adler (D-Cherry Hill) calls on Congress to override the SCHIP veto

TRENTON – A bill sponsored by Senators John H. Adler and Bob Smith which would exempt renewable energy systems, such as solar panels, from local property taxes was approved today by the Senate by a vote of 37-0.

“With skyrocketing fuel and energy costs, renewable energy is about more than just saving the environment,” said Senator Adler, D-Cherry Hill. “We should encourage more New Jersey families to turn to solar panels, and make sure that people can afford to go green.”

The bill, a Senate Committee substitute for S-241, S-394, S-710 and S-1098, would exempt any renewable energy system that has been certified by local regulators from local property taxes. The bill would define renewable energy as energy produced by solar technology, photovoltaic technology, wind energy, fuel cells, geothermal technology, wave or tidal action, methane gas from an on-site landfill, or hydropower. The bill would allow property owners to exempt any improvements on their property designed to accommodate certified renewable energy systems as long as the system is in use.

The bill would also exempt property owners seeking construction permits for renewable energy systems from any municipal construction permit fees.

“When one homeowner decides to install a renewable energy system, it’s to everybody’s benefit,” said Senator Smith, D-Middlesex and Somerset. “More and more often, New Jerseyans are considering their personal environmental impact, and doing something about it. Offering a property tax break on renewable energy systems provides added incentive to do the right thing for many homeowners who might be on the cusp, but are concerned about the initial investment in going green.”

The bill now heads to the full Assembly for consideration.

In addition to the Senate Committee substitute for S-241, a bill sponsored by Senator Smith which would allow municipalities to adopt green buildings and environmental sustainability considerations in their master planning was approved by a vote of 38-0.

Senator Smith’s bill, S-1788, would amend the current “Municipal Land Use Law” to allow planning officials to include green buildings and environmental sustainability planning when developing the municipal master plan. Senator Smith noted that giving planning boards the authority to include environmentally-conscious planning decisions in the municipal master plan would encourage the efficient use of natural resources and promote the use of renewable energy on a town-wide basis.

“By giving municipal planning officials a mechanism to consider their environmental impact in planning documents, we’re encouraging them to pursue a green future for their municipality,” said Senator Smith. “Master planning is all about thinking ahead, to consider the needs of your municipality five, ten or twenty years into the future. Giving planning boards the green light to include environmental sustainability and green buildings would ensure that we’re keeping an eye on our shared environmental impact going forward.”

The bill, which was already approved by the Assembly in February, now heads to the Governor to be signed into law.

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