Colorado Hoa And Solar Panels

Hoas and their members that haven t considered solar in the past are now attracted to the federal tax deduction 30 percent of installation costs in 2018 and 2019 26 percent in 2020 and 22 percent in 2021.

Colorado hoa and solar panels.

Whether your hoa consists of detached dwellings condos or townhouses you can utilize solar to benefit your members reduce energy costs and preserve the environment. 1 a a covenant restriction or condition contained in any deed contract security instrument or other instrument affecting the transfer or sale of or any interest in real property that effectively prohibits or restricts the installation or use of a renewable energy generation device is void and unenforceable. Renewable energy generation devices colo. This proposed law included provisions prohibiting homeowner s associations from enacting rules limiting solar panel installation with a few exceptions.

Any hoa with a covenant restriction stating that solar panels are prohibited or restricted in any way is unenforceable under colorado law c r s. Hr 2454 the american clean energy and security act was a proposed federal law that made it illegal for a homeowners association to restrict the installation of solar panels. 38 30 168 addresses the authority of hoas to regulate the installation and use of solar energy devices which are defined as. And the rise of solar power has many people asking how much say your hoa has in your decision to pursue alternative energy options.

Homeowner s associates hoa s in colorado are often very restrictive on what you can and cannot do with your property.