Provides for a tax abatement for electric energy storage equipment

This bill provides a tax abatement for owners of electric energy storage equipment (like batteries) placed in service between January 1, 2027, and January 1, 2029. It allows a tax reduction equal to 10% of eligible equipment costs, capped at $62,500 per year, for up to the compliance period. The abatement applies to property taxes and is separate from existing solar energy incentives. It directly affects businesses and property owners investing in grid-stabilizing energy storage systems during this specific two-year window.