(a) Notwithstanding any other provision of law to the contrary, in order to carry out the purposes of this chapter, equipment or component parts brought into the Virgin Islands for the purpose of manufacturing of solar water heaters or wind or solar energy systems are exempt from the payment of customs duties and excise tax, including such equipment as: Solar Photovoltaic systems, including invertors, charge controllers, batteries and solar lights; Wind Turbine Systems, including wind pumps; Solar Thermal Systems, including solar water heaters; solar dryers, solar cookers; solar air-conditioners; solar stills; and geo thermal heat pump systems.
(b) Retailers and installers of solar or wind equipment or component parts who receive exemptions under subsection (a) shall pass on the savings to consumers.
(c) The Director of the Bureau of Internal Revenue shall promulgate such rules and regulations as may be necessary to carry out the purposes of this section.