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South Dakota

Renewable Energy Facility Sales and Use Tax Reimbursement

December 16, 2025

Under the Reinvestment Payment Program, new industrial facilities including investment of at least $20,000,000 or equipment upgrades of any kind worth greater than $2,000,000 can apply for a reinvestment payment no later than 90 days after starting construction. If the Board of Economic Development approves

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Renewable Energy Facilities Real Property Tax

December 16, 2025

South Dakota offers a property tax incentive for commercial geothermal facilities, as well as electricity-producing renewable energy facilities, with less than 5 MW of nameplate capacity. The incentive may not exceed either $50,000 or 70% of the property’s assessed value, whichever is more. Commercial geothermal

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