Utility-scale solar (>2MW) is a relatively new land use in Michigan that involves many types of electrical components--from solar panels to inverters to the racking system on which solar panels are mounted--which equates to a lot of questions in how a solar farm should be taxed. The State Tax Commission put out guidance to local assessors in December 2021 after an ad hoc committee submitted a report to the STC on the issue in September 2021. The value of the equipment is taxed as industrial personal property and its taxable value tends to decrease over time. Some "eligible distressed areas," most of them cities, may be able to offer a new personal property exemption for solar development, though to date (June 2022), only three solar projects have received this exemption.