Newsom signs solar construction tax exemption extension

California has extended a property tax exclusion for new solar energy systems to incentivize the construction of large-scale solar plants to meet the state’s electrification goals.

Gov. Gavin Newsom signed Senate Bill 1340 on Sunday, continuing a property tax exclusion for new solar systems until the end of 2026.

“California has established aggressive clean energy goals in its broader plan to combat the impacts of climate change,” said Newsom in his signing message. “Increasing the number…

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