Colorado § 39-26-733 - Residential energy storage systems - tax preference performance statement - legislative declaration - definition - repeal.
Full text of Colorado Colorado Revised Statutes § 39-26-733 — Residential energy storage systems - tax preference performance statement - legislative declaration - definition - repeal., with citation guidance and answers to common questions.
§ 39-26-733. Residential energy storage systems - tax preference performance statement - legislative declaration - definition - repeal.
(1) (a) In accordance with section 39-21-304 (1), which requires each bill that creates a new tax expenditure to include a tax preference performance statement as part of a statutory legislative declaration, the general assembly hereby finds and declares that the purposes of the tax expenditure created in subsection (3) of this section are to:
(I) Induce certain designated behavior by taxpayers, specifically the purchase and installation of residential energy storage systems; and
(II) Contribute to the state's effort to achieve its climate goals.
(b) The general assembly and the state auditor shall measure the effectiveness of the tax exemption in achieving the purposes specified in subsection (1)(a) of this section based on the number of residential energy storage systems sold and used in the state. The Colorado energy office shall provide the state auditor with any available information that would assist the state auditor's measurement.
(2) As used in this section, unless the context otherwise requires, "energy storage system" means any commercially available, customer-sited system, including batteries and the batteries paired with on-site generation, that is capable of retaining, storing, and delivering energy by chemical, thermal, mechanical, or other means.
(3) On and after January 1, 2023, all sales, storage, and use of energy storage systems that are used in a residential dwelling are exempt from taxation under parts 1 and 2 of this article 26.
(4) This section is repealed, effective January 1, 2033.
Source: L. 2022: Entire section added, (SB 22-051), ch. 333, p. 2352, § 4, effective August 10.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-26-733
What does Colorado Revised Statutes § 39-26-733 cover?
Section 39-26-733 ("Residential energy storage systems - tax preference performance statement - legislative declaration - definition - repeal.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 39-26-733?
A common citation format is "Colorado Revised Statutes § 39-26-733" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 39-26-733 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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