§ 487. Exemption from taxation for certain energy systems. 1. As used\nin this section:\n (a) "Solar or wind energy equipment" means collectors, controls,\nenergy storage devices, heat pumps and pumps, heat exchangers,\nwindmills, and other materials, hardware or equipment necessary to the\nprocess by which solar radiation or wind is (i) collected, (ii)\nconverted into another form of energy such as thermal, electrical,\nmechanical or chemical, (iii) stored, (iv) protected from unnecessary\ndissipation and (v) distributed. It does not include pipes, controls,\ninsulation or other equipment which are part of the normal heating,\ncooling, or insulation system of a building. It does include insulated\nglazing or insulation to the extent that such materials exceed the\nenergy efficiency standards required by law.\n (b) "Solar or wind energy system" means an arrangement or combination\nof solar or wind energy equipment designed to provide heating, cooling,\nhot water, or mechanical, chemical, or electrical energy by the\ncollection of solar or wind energy and its conversion, storage,\nprotection and distribution.\n (c) "Authority" means the New York state energy research and\ndevelopment authority.\n (d) "Incremental cost" means the increased cost of a solar or wind\nenergy system or farm waste energy system or component thereof which\nalso serves as part of the building structure, above that for similar\nconventional construction, which enables its use as a solar or wind\nenergy or farm waste energy system or component.\n (e) "Farm waste electric generating equipment" means equipment that\ngenerates electric energy from biogas produced by the anaerobic\ndigestion of agricultural waste, such as livestock manure, farming waste\nand food processing wastes with a rated capacity of not more than one\nthousand kilowatts that is (i) manufactured, installed and operated in\naccordance with applicable government and industry standards, (ii)\nconnected to the electric system and operated in conjunction with an\nelectric corporation's transmission and distribution facilities, (iii)\noperated in compliance with the provisions of section sixty-six-j of the\npublic service law, (iv) fueled at a minimum of ninety percent on an\nannual basis by biogas produced from the anaerobic digestion of\nagricultural waste such as livestock manure materials, crop residues and\nfood processing wastes, and (v) fueled by biogas generated by anaerobic\ndigestion with at least fifty percent by weight of its feedstock being\nlivestock manure materials on an annual basis.\n (f) "Farm waste energy system" means an arrangement or combination of\nfarm waste electric generating equipment or other materials, hardware or\nequipment necessary to the process by which agricultural waste biogas is\nproduced, collected, stored, cleaned, and converted into forms of energy\nsuch as thermal, electrical, mechanical or chemical and by which the\nbiogas and converted energy are distributed on-site. It does not include\npipes, controls, insulation or other equipment which are part of the\nnormal heating, cooling or insulation system of a building.\n (g) "Micro-hydroelectric energy equipment" means any energy storage\ndevice, penstock, turbine, generator and other materials, hardware and\nequipment necessary to the process by which the flow of stream or river\nwater or water from other water bodies is (i) converted into electrical\nenergy; (ii) protected from unnecessary dissipation; and (iii)\ndistributed. It does not include pipes, controls, insulation or other\nequipment which are part of the normal heating, cooling, or insulation\nsystem of a building. It does not include insulated glazing or\ninsulation to the extent that such materials exceed the energy\nefficiency standards established by law.\n (h) "Micro-hydroelectric energy system" means an arrangement or\ncombination of micro-hydroelectric energy equipment designed to provide\nelectrical energy by the use of flowi
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