H.B. 4028 would amend the state’s existing property tax exemption for renewables by further clarifying and expanding the types of systems that are eligible. Under H.B. 4028, any solar or wind energy system capable of producing up to 125% of the annual energy needs of the real property upon which it is located, including contiguous or non-contiguous real property owned or leased by the owner or in which the owner otherwise holds an interest, is eligible. Thus, in contrast to current law, the exemption applies to systems located on non-taxable property, and allows a customer participating in aggregate net metering to qualify for an exemption.