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Last Updated December 1, 2023

Program Overview

Category:

Financial Incentive

State:

South Carolina

Incentive Type:

Property Tax Incentive

Administrator:

N/A

Start Date:

N/A

Expiration Date:

N/A

Web Site:

N/A

Applicable Sectors:

N/A

Eligible Renewable/Other Technologies:

N/A

Summary

H.B. 3354 of 2021 established a property tax exemption for renewable energy systems with a rated capacity of not more than 20 kW-AC. The exemption applies to the renewable energy equipment and all components that enhance the operational characteristics of the generating equipment, such as an advanced inverter or battery storage device, and equipment required to meet all applicable safety, performance, interconnection, and reliability standards established by the commission, the National Electrical Code, the National Electrical Safety Code, the Institute of Electrical and Electronics Engineers, Underwriters Laboratories, the Federal Energy Regulatory Commission, and any local governing authorities.