Gov. Gretchen Whitmer signed legislation into law that would provide benefits for small businesses that have installed solar panels on their properties.
Senate Bill 47, House Bill 4069 and House Bill 4465 made it so that those who install solar panels on their homes are not charged more property taxes and, instead, the installation is seen as something more like replacing a furnace or buying energy-efficient appliances, according to Lenconnect.com.
The trio of bills came about after several residents installed solar panels on their homes or businesses and their property taxes went up because the installation was seen as an improvement to the property, the news agency reported.
“This reform will ensure people aren’t punished for doing the right thing – helping the environment, conserving energy and lowering their utility bills,” State Rep. Bronna Kahle (R-Adrian) said in a press release. “No matter where you live or operate a business in Michigan, the rules related to property taxes for these energy systems will now be consistent and clear.”
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