(1) As used in this section, the term “renewable energy source device” means any of the following equipment that collects, transmits, stores, or uses solar energy, wind energy, or energy derived from geothermal deposits:
(a) Solar energy collectors, photovoltaic modules, and inverters.
(b) Storage tanks and other storage systems, excluding swimming pools used as storage tanks.
(d) Thermostats and other control devices.
(e) Heat exchange devices.
(f) Pumps and fans.
(g) Roof ponds.
(h) Freestanding thermal containers.
(i) Pipes, ducts, refrigerant handling systems, and other equipment used to interconnect such systems; however, such equipment does not include conventional backup systems of any type.
(j) Windmills and wind turbines.
(k) Wind-driven generators.
(l) Power conditioning and storage devices that use wind energy to generate electricity or mechanical forms of energy.
(m) Pipes and other equipment used to transmit hot geothermal water to a dwelling or structure from a geothermal deposit.
(2) In determining the assessed value of real property used for residential purposes, an increase in the just value of the property attributable to the installation of a renewable energy source device may not be considered.
(3) This section applies to the installation of a renewable energy source device installed on or after January 1, 2013, to new and existing residential real property.