Department of Taxation Archives

The Composite Index, Problem Solved!

Company Update, Policy, Virginia Solar

The Composite Index, Problem Solved!

By Francis Hodsoll|2018-06-08T10:38:04-04:00April 18th, 2017|Company Update, Policy, Virginia Solar|

We have good news! On April 6th Virginia’s Tax Commissioner, Craig M. Burns, issued a letter clarifying the valuation of solar projects within the Composite Index. The bottom line: these solar farms will provide a net revenue benefit to the county. As previously stated, bureaucratic bookkeeping could have inadvertently ground Virginia solar development to a halt by reducing county revenue when new solar farms are built. The following is the third of three installments highlighting SolUnesco’s research on the Virginia

The Composite Index and How it Relates to Solar Development in Virginia, Part One:

By Francis Hodsoll|2018-08-10T12:14:00-04:00March 29th, 2017|Company Update, Policy, Virginia Solar|

Bureaucratic bookkeeping may inadvertently grind Virginia solar development to a halt. The state government is assessing this issue and we understand a decision will be issued in due course. This is the first of three installments highlighting SolUnesco’s research on the Virginia Composite Index and its impact on solar electric generation. To download our complete findings, click here.

The Composite Index and How it Relates to Solar Development in Virginia, Part Two:

By Francis Hodsoll|2018-08-10T15:08:43-04:00March 2nd, 2017|Company Update, Policy, Virginia Solar|

Bureaucratic bookkeeping may inadvertently grind Virginia solar development to a halt. The State government is assessing this issue, and we understand the state will issue a decision in due course. The following is the second of three installments highlighting SolUnesco’s research on the Virginia Composite Index and its impact on solar electric generation. To download our complete findings, click here HOW IS SOLAR TAXED? Covered in Part One of this series, the Composite Index (CI) may ignore the solar tax exemption