Property Ownership
A Minnesota homeowner installs solar panels on their home. For property tax purposes in Minnesota, the solar panels:
AIncrease the assessed value and property taxes proportionally
BAre excluded from the assessed value under Minnesota's solar property tax exemption✓ Correct
CAre assessed separately from the real property
DReduce the assessed value by the installation cost
Explanation
Minnesota provides a property tax exemption for solar energy systems under MN Stat. 272.
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