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Commission approves reduction to Appaloosa Solar's 2024 personal-property valuation
Summary
The Iron County Board of Equalization approved the hearing officer's recommendation to reduce Appaloosa Solar LLC's 2024 personal-property valuation to account for federal tax incentives; staff said this issue is likely to appear for other solar projects and recommended excluding the incentives from MCAT reporting going forward.
The Iron County Commission convened as the Board of Equalization on Dec. 9 and approved a hearing officer recommendation to reduce Greenbacher Energy, doing business as Appaloosa Solar LLC's, 2024 personal-property valuation.
County staff explained the appeal centered on whether federal tax incentives—treated by the state as…
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