South Carolina provides a sales tax exemption for any device, equipment, or machinery which generates, distributes, or uses hydrogen or fuel cells. The law does not specify which types of hydrogen apply, and defines fuel cells simply as any device that “creates electricity using hydrogen
South Carolina provides a property tax exemption for renewable energy systems with a rated capacity below 20 kW-AC. South Carolina includes solar thermal, geothermal, green hydrogen, and biomass in the definition of “renewable energy resource.”
Section 12-6-3588 of the South Carolina Income Tax Act provides tax incentives to companies in the solar, wind, geothermal, and “other clean energy industries” that consider siting business operations in the state. Total yearly credits may not exceed $500,000, and may continue for up to
Section 12-6-3775 of the South Carolina Income Tax Act states that taxpayers can receive an income credit equal to 25% of the costs associated with solar energy property based on certain stipulations. “Solar energy property” is defined as nonresidential solar energy equipment with at least
The South Carolina Office of Regulatory Staff Energy Office received funding from the U.S. Department of Energy to support “high-impact demonstration projects,” including renewable energy projects. The Energy Office uses these funds to disburse mini-grants capped at $10,000. Eligible applicants include state agencies, local governments,
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.Â
