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
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,
Under the Reinvestment Payment Program, new projects with costs exceeding $20,000,000 or with equipment upgrades 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 an application, a project owner will
The state of Tennessee authorizes public utilities to request mechanisms to recover the costs related to the development of infrastructure for “innovative natural gas resources,” including biogas, renewable natural gas, biomass, and green hydrogen. This is not an incentive but allows for the recovery of
The State of Tennessee allows local governments to establish a Commercial Property Assessed Clean Energy and Resiliency (C-PACER) Program, under which a local government can allow a commercial property in a designated C-PACER district to use a voluntary special assessment to repay the financing of
This grant program, administered by the State Commission on Environmental Quality, seeks to support the deployment of new technologies that reduce emissions from facilities and other stationary sources in Texas. Projects allowed under the grant include advanced clean energy projects, projects reducing emissions of regulated
This partnership between the Ohio Treasure of State and local banks provides reduced-rate financing to small business improvement projects for energy efficiency and renewable energy generation. The program offers up to a 3% interest rate reduction on small business loans of up to $550K for
The Oklahoma State Legislature acknowledges that renewable natural gas (RNG) can help ensure that the state reaches carbon neutrality. Thus, it mandates that the Oklahoma Corporation Commission issue a report and recommendations to the Legislature regarding the ability and appropriateness of natural gas utilities to
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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.
